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Future Trend Analysis Report

Prepared for you on Saturday, October 23, 2021.

FREIGHT ROUTE TD7 (BALTIC) OCTOBER 2021 (NYMEX:QTK.V21)

Long-Term Uptrend (+90) - QTK.V21 is in a strong uptrend that is likely to continue. While QTK.V21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

NYMEX_QTK.V21
Open High Low QTK.V21 Price Change
6.2437 6.2437 6.2437 6.2437 0.0000
Entry Signal

MarketClub’s Trade Triangles for QTK.V21

long term up The long-term trend has been UP since Oct 4th, 2021 at 5.797

intermediate term up The intermediate-term trend has been UP since Oct 4th, 2021 at 5.736

short term up The short-term trend has been UP since Oct 4th, 2021 at 5.736

Smart Scan Analysis for QTK.V21

Based on our trend formula, QTK.V21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for QTK.V21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.2437 6.2437 6.2437 6.2437 0.0000
Prev. Close Volume Bid Ask Time
6.2437 0 2021-10-22 00:00:00
Volatility10.52Expiration2021-10-29
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