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Future Trend Analysis Report

Prepared for you on Sunday, December 3, 2023.

FREIGHT ROUTE TD3C (BALTIC) Nov 2023 (NYMEX:QTL.X23)

Long-Term Downtrend (-90) - QTL.X23 is in a strong downtrend that is likely to continue. While QTL.X23 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.X23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QTL.X23.

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

NYMEX_QTL.X23
Open High Low QTL.X23 Price Change
16.9059 16.9059 16.9059 16.9059 0.0000
Entry Signal

MarketClub’s Trade Triangles for QTL.X23

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.X23

Based on our trend formula, QTL.X23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QTL.X23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.9059 16.9059 16.9059 16.9059 0.0000
Prev. Close Volume Bid Ask Time
16.9059 0 2023-12-01 00:00:00
Volatility44.04Expiration2023-11-30
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