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Future Trend Analysis Report

Prepared for you on Sunday, August 14, 2022.

FREIGHT ROUTE TD3C (BALTIC) Aug 2022 (NYMEX:QTL.Q22)

Long-Term Downtrend (-90) - QTL.Q22 is in a strong downtrend that is likely to continue. While QTL.Q22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QTL.Q22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QTL.Q22.

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

NYMEX_QTL.Q22
Open High Low QTL.Q22 Price Change
11.8782 11.8782 11.8782 11.8782 0.0000
Entry Signal

MarketClub’s Trade Triangles for QTL.Q22

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 QTL.Q22

Based on our trend formula, QTL.Q22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QTL.Q22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.8782 11.8782 11.8782 11.8782 0.0000
Prev. Close Volume Bid Ask Time
12.0520 0 2022-08-11 00:00:00
Volatility39.73Expiration2022-08-31
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