Future Trend Analysis Report
Prepared for you on Thursday, December 2, 2021.
FREIGHT ROUTE TC2 (BALTIC) Jul 2022 (NYMEX:QTM.N22)
Strong Downtrend (-100) - QTM.N22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QTM.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QTM.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QTM.N22
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 QTM.N22
Based on our trend formula, QTM.N22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).