Future Trend Analysis Report
Prepared for you on Friday, December 3, 2021.
FREIGHT ROUTE TC2 (BALTIC) DECEMBER 2021 (NYMEX:QTM.Z21)
Strong Uptrend (+100) - QTM.Z21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QTM.Z21 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid QTM.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QTM.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QTM.Z21
The long-term trend has been UP since Oct 1st, 2021 at 17.460
The intermediate-term trend has been UP since Sep 28th, 2021 at 16.883
The short-term trend has been UP since Sep 10th, 2021 at 16.683
Smart Scan Analysis for QTM.Z21
Based on our trend formula, QTM.Z21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).