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Future Trend Analysis Report

Prepared for you on Tuesday, January 18, 2022.

FREIGHT ROUTE TD19 (BALTIC) APRIL 2024 (NYMEX:QTDM.J24)

Strong Downtrend (-100) - QTDM.J24 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QTDM.J24 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QTDM.J24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QTDM.J24.

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

NYMEX_QTDM.J24
Open High Low QTDM.J24 Price Change
9.582 9.582 9.582 9.582 0.000
Entry Signal

MarketClub’s Trade Triangles for QTDM.J24

long term down The long-term trend has been DOWN since Aug 13th, 2021 at 9.220

intermediate term down The intermediate-term trend has been DOWN since Aug 13th, 2021 at 9.220

short term down The short-term trend has been DOWN since Jul 30th, 2021 at 9.418

Smart Scan Analysis for QTDM.J24

Based on our trend formula, QTDM.J24 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for QTDM.J24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.582 9.582 9.582 9.582 0.000
Prev. Close Volume Bid Ask Time
9.582 0 2022-01-14 00:00:00
Volatility6.52Expiration2024-04-30
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