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Future Trend Analysis Report

Prepared for you on Monday, August 2, 2021.

FREIGHT ROUTE TC2 (BALTIC) Jul 2021 (NYMEX:QTM.N21)

Weak Downtrend (-65) - QTM.N21 is showing signs of a strengthening downtrend. Monitor QTM.N21 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid QTM.N21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QTM.N21.

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

NYMEX_QTM.N21
Open High Low QTM.N21 Price Change
14.3686 14.3686 14.3686 14.3686 0.0000
Entry Signal

MarketClub’s Trade Triangles for QTM.N21

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 QTM.N21

Based on our trend formula, QTM.N21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for QTM.N21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.3686 14.3686 14.3686 14.3686 0.0000
Prev. Close Volume Bid Ask Time
14.3686 0 2021-07-30 00:00:00
Volatility24.21Expiration2021-07-30
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