Future Trend Analysis Report
Prepared for you on Thursday, May 26, 2022.
FREIGHT ROUTE TD7 (BALTIC) AUGUST 2024 (NYMEX:QTK.Q24)
Strong Downtrend (-100) - QTK.Q24 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QTK.Q24 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QTK.Q24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QTK.Q24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QTK.Q24
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QTK.Q24
Based on our trend formula, QTK.Q24 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).