Future Trend Analysis Report
Prepared for you on Sunday, December 5, 2021.
FREIGHT ROUTE TD7 (BALTIC) Nov 2021 (NYMEX:QTK.X21)
Strong Downtrend (-100) - QTK.X21 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QTK.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QTK.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QTK.X21
The long-term trend has been DOWN since May 28th, 2021 at 6.6670
The intermediate-term trend has been DOWN since May 28th, 2021 at 7.0475
The short-term trend has been DOWN since May 28th, 2021 at 7.0475
Smart Scan Analysis for QTK.X21
Based on our trend formula, QTK.X21 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).