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Future Trend Analysis Report

Prepared for you on Wednesday, October 27, 2021.

FREIGHT ROUTE TD19 (BALTIC) OCTOBER 2021 (NYMEX:QTDM.V21)

Weak Downtrend (-65) - QTDM.V21 is showing signs of a strengthening downtrend. Monitor QTDM.V21 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid QTDM.V21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QTDM.V21.

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

NYMEX_QTDM.V21
Open High Low QTDM.V21 Price Change
9.6409 9.6409 9.6409 9.6409 0.0000
Entry Signal

MarketClub’s Trade Triangles for QTDM.V21

long term down The long-term trend has been DOWN since Apr 30th, 2021 at 8.939

intermediate term down The intermediate-term trend has been DOWN since Sep 8th, 2021 at 8.534

short term down The short-term trend has been DOWN since Oct 4th, 2021 at 8.558

Smart Scan Analysis for QTDM.V21

Based on our trend formula, QTDM.V21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for QTDM.V21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.6409 9.6409 9.6409 9.6409 0.0000
Prev. Close Volume Bid Ask Time
9.6409 0 2021-10-26 00:00:00
Volatility16.12Expiration2021-10-29
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