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Future Trend Analysis Report

Prepared for you on Wednesday, May 18, 2022.

FREIGHT ROUTE TD7 (BALTIC) Dec 2024 (NYMEX:QTK.Z24)

Strong Downtrend (-100) - QTK.Z24 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QTK.Z24 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QTK.Z24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QTK.Z24.

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

NYMEX_QTK.Z24
Open High Low QTK.Z24 Price Change
7.281 7.281 7.281 7.281 0.000
Entry Signal

MarketClub’s Trade Triangles for QTK.Z24

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QTK.Z24

Based on our trend formula, QTK.Z24 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for QTK.Z24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.281 7.281 7.281 7.281 0.000
Prev. Close Volume Bid Ask Time
7.281 0 2022-05-18 00:00:00
Volatility5.87Expiration2024-12-24
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