Future Trend Analysis Report
Prepared for you on Friday, December 3, 2021.
FREIGHT ROUTE TC2 (BALTIC) DECEMBER 2022 (NYMEX:QTM.Z22)
Crossroads (-60) - QTM.Z22 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QTM.Z22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QTM.Z22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QTM.Z22
The long-term trend has been DOWN since Aug 3rd, 2021 at 18.403
The intermediate-term trend has been UP since Sep 21st, 2021 at 18.335
The short-term trend has been UP since Aug 24th, 2021 at 18.325
Smart Scan Analysis for QTM.Z22
Based on our trend formula, QTM.Z22 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).