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Future Trend Analysis Report
Prepared for you on Wednesday, June 29, 2022.
FREIGHT ROUTE TD8 (BALTIC) JUNE 2022 (NYMEX:QTD8.M22)
Weak Downtrend (-65) - QTD8.M22 is showing signs of a strengthening downtrend. Monitor QTD8.M22 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QTD8.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QTD8.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for QTD8.M22
The long-term trend has been DOWN since Oct 7th, 2020 at 14.673
The intermediate-term trend has been DOWN since Oct 7th, 2020 at 14.673
The short-term trend has been DOWN since Dec 18th, 2020 at 13.965
Smart Scan Analysis for QTD8.M22
Based on our trend formula, QTD8.M22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 25.8216 | 25.8216 | 25.8216 | 25.8216 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 25.8216 | 0 | 2022-06-28 00:00:00 |
| Volatility | 48.41 | Expiration | 2022-06-30 |