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Future Trend Analysis Report

Prepared for you on Saturday, September 26, 2020.

FREIGHT ROUTE TD8 (BALTIC) SEPTEMBER 2020 (NYMEX:QTD8.U20)

Strong Downtrend (-100) - QTD8.U20 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.U20?

MarketClub looks at technical strength and momentum to determine if the timing is right for QTD8.U20.

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

NYMEX_QTD8.U20
Open High Low QTD8.U20 Price Change
9.9259 9.9259 9.9259 9.9259 0.0000
Entry Signal

MarketClub’s Trade Triangles for QTD8.U20

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.U20

Based on our trend formula, QTD8.U20 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for QTD8.U20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.9259 9.9259 9.9259 9.9259 0.0000
Prev. Close Volume Bid Ask Time
9.9259 0 2020-09-25 00:00:00
Volatility20.58Expiration2020-09-30
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