Future Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
FREIGHT ROUTE TD3C (BALTIC) Oct 2021 (NYMEX:QTL.V21)
Bear Market Rally (-75) - QTL.V21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QTL.V21 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QTL.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QTL.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QTL.V21
The long-term trend has been DOWN since Mar 31st, 2021 at 9.751
The intermediate-term trend has been UP since Sep 3rd, 2021 at 7.266
The short-term trend has been DOWN since Oct 4th, 2021 at 8.020
Smart Scan Analysis for QTL.V21
Based on our trend formula, QTL.V21 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).