Future Trend Analysis Report
Prepared for you on Monday, January 24, 2022.
FREIGHT ROUTE TC5 (PLATTS) Jan 2022 (NYMEX:QTH.F22)
Bear Market Rally (-75) - QTH.F22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QTH.F22 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QTH.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QTH.F22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QTH.F22
The long-term trend has been DOWN since Jun 8th, 2021 at 25.983
The intermediate-term trend has been DOWN since Sep 3rd, 2021 at 24.450
The short-term trend has been UP since Sep 23rd, 2021 at 24.291
Smart Scan Analysis for QTH.F22
Based on our trend formula, QTH.F22 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).