Future Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
FREIGHT ROUTE TC5 (PLATTS) OCTOBER 2021 (NYMEX:QTH.V21)
Bear Market Rally (-75) - QTH.V21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QTH.V21 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QTH.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QTH.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QTH.V21
The long-term trend has been DOWN since Jun 3rd, 2021 at 25.888
The intermediate-term trend has been DOWN since Oct 4th, 2021 at 22.410
The short-term trend has been DOWN since Sep 28th, 2021 at 22.930
Smart Scan Analysis for QTH.V21
Based on our trend formula, QTH.V21 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).