Spread Trend Analysis Report
Prepared for you on Thursday, December 2, 2021.
FREIGHT ROUTE TC14 (BALTIC) JUL 22/NOV 22 (NYMEX:QFRC.N22-QFRC.X22)
Long-Term Downtrend (-90) - QFRC.N22-QFRC.X22 is in a strong downtrend that is likely to continue. While QFRC.N22-QFRC.X22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QFRC.N22-QFRC.X22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QFRC.N22-QFRC.X22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QFRC.N22-QFRC.X22
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 QFRC.N22-QFRC.X22
Based on our trend formula, QFRC.N22-QFRC.X22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).