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.
MarketClub’s Trade Triangles for QTDM.J24
The long-term trend has been DOWN since Aug 13th, 2021 at 9.220
The intermediate-term trend has been DOWN since Aug 13th, 2021 at 9.220
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).