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Future Trend Analysis Report

Prepared for you on Friday, May 14, 2021.

FREIGHT ROUTE TD8 (BALTIC) JUNE 2023 (NYMEX:QTD8.M23)

Strong Downtrend (-100) - QTD8.M23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QTD8.M23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QTD8.M23.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QTD8.M23
Open High Low QTD8.M23 Price Change
13.253 13.253 13.253 13.253 0.000
Entry Signal

MarketClub’s Trade Triangles for QTD8.M23

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QTD8.M23

Based on our trend formula, QTD8.M23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for QTD8.M23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.253 13.253 13.253 13.253 0.000
Prev. Close Volume Bid Ask Time
13.253 0 2021-05-13 00:00:00
Volatility0.42Expiration2023-06-30
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