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Future Trend Analysis Report

Prepared for you on Monday, December 6, 2021.

FREIGHT ROUTE TC2 (BALTIC) Sep 2022 (NYMEX:QTM.U22)

Strong Downtrend (-100) - QTM.U22 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.U22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QTM.U22.

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

NYMEX_QTM.U22
Open High Low QTM.U22 Price Change
16.905 16.905 16.905 16.905 0.000
Entry Signal

MarketClub’s Trade Triangles for QTM.U22

long term down The long-term trend has been DOWN since Jul 19th, 2021 at 16.951

intermediate term down The intermediate-term trend has been DOWN since Oct 1st, 2021 at 16.656

short term down The short-term trend has been DOWN since Oct 1st, 2021 at 16.656

Smart Scan Analysis for QTM.U22

Based on our trend formula, QTM.U22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for QTM.U22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.905 16.905 16.905 16.905 0.000
Prev. Close Volume Bid Ask Time
16.734 0 2021-12-02 00:00:00
Volatility9.86Expiration2022-09-30
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