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.
MarketClub’s Trade Triangles for QTL.Q22
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
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).