Future Trend Analysis Report
Prepared for you on Saturday, January 29, 2022.
FREIGHT ROUTE TD19 (BALTIC) NOVEMBER 2022 (NYMEX:QTDM.X22)
Strong Downtrend (-100) - QTDM.X22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QTDM.X22 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QTDM.X22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QTDM.X22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QTDM.X22
The long-term trend has been DOWN since Jul 30th, 2021 at 9.9315
The intermediate-term trend has been DOWN since Jul 19th, 2021 at 10.2670
The short-term trend has been DOWN since Jul 19th, 2021 at 10.2830
Smart Scan Analysis for QTDM.X22
Based on our trend formula, QTDM.X22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).