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Future Trend Analysis Report

Prepared for you on Saturday, May 28, 2022.

FREIGHT ROUTE TD19 (BALTIC) MAY 2022 (NYMEX:QTDM.K22)

Countertrend Down (-85) - QTDM.K22 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid QTDM.K22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QTDM.K22.

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

NYMEX_QTDM.K22
Open High Low QTDM.K22 Price Change
13.3 13.3 13.3 13.3 0.0
Entry Signal

MarketClub’s Trade Triangles for QTDM.K22

long term down The long-term trend has been DOWN since Dec 18th, 2020 at 9.566

intermediate term down The intermediate-term trend has been DOWN since Dec 18th, 2020 at 9.652

short term up The short-term trend has been UP since Aug 31st, 2021 at 8.466

Smart Scan Analysis for QTDM.K22

Based on our trend formula, QTDM.K22 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for QTDM.K22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.3 13.3 13.3 13.3 0.0
Prev. Close Volume Bid Ask Time
13.3 0 2022-05-27 00:00:00
Volatility44.97Expiration2022-05-31
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