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Future Trend Analysis Report

Prepared for you on Wednesday, September 23, 2020.

FREIGHT ROUTE TC2 (BALTIC) Sep 2020 (NYMEX:QTM.U20)

Strong Downtrend (-100) - QTM.U20 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.U20?

MarketClub looks at technical strength and momentum to determine if the timing is right for QTM.U20.

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

NYMEX_QTM.U20
Open High Low QTM.U20 Price Change
15.1432 15.1432 15.1432 15.1432 0.0000
Entry Signal

MarketClub’s Trade Triangles for QTM.U20

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.U20

Based on our trend formula, QTM.U20 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for QTM.U20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.1432 15.1432 15.1432 15.1432 0.0000
Prev. Close Volume Bid Ask Time
15.1432 0 2020-09-22 00:00:00
Volatility48.5Expiration2020-09-30
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