Future Trend Analysis Report
Prepared for you on Friday, May 27, 2022.
FREIGHT ROUTE TD3C (BALTIC) May 2023 (NYMEX:QTL.K23)
Sidelines Mode (+50) - QTL.K23 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until QTL.K23 can gain momentum.
Is it time to buy, sell, or avoid QTL.K23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QTL.K23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QTL.K23
The long-term trend has been DOWN since Aug 5th, 2021 at 10.344
The intermediate-term trend has been UP since Sep 17th, 2021 at 10.250
The short-term trend has been UP since Aug 24th, 2021 at 9.950
Smart Scan Analysis for QTL.K23
Based on our trend formula, QTL.K23 is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).