Free Daily Analysis

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.

NYMEX_QTD8.M22
Open High Low QTD8.M22 Price Change
25.8216 25.8216 25.8216 25.8216 0.0000
Entry Signal

MarketClub’s Trade Triangles for QTD8.M22

long term down The long-term trend has been DOWN since Oct 7th, 2020 at 14.673

intermediate term down The intermediate-term trend has been DOWN since Oct 7th, 2020 at 14.673

short term down 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).

-70
Smart Scan Analysis for QTD8.M22
Strong Downtrend Sideways 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
Volatility48.41Expiration2022-06-30
Get a free daily analysis and signals for FREIGHT ROUTE TD8 (BALTIC) JUNE 2022 (QTD8.M22) - Request Your Free Report.