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Prepared for you on Monday, August 15, 2022.

COAL (API 4) FOB RICHARDS BAY JUL 23/JUN 24 (NYMEX:QMFF.N23-QMFF.M24)

Long-Term Downtrend (-90) - QMFF.N23-QMFF.M24 is in a strong downtrend that is likely to continue. While QMFF.N23-QMFF.M24 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 QMFF.N23-QMFF.M24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QMFF.N23-QMFF.M24.

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

NYMEX_QMFF.N23-QMFF.M24
Open High Low QMFF.N23-QMFF.M24 Price Change
25.15 25.15 25.15 25.15 0.00
Entry Signal

MarketClub’s Trade Triangles for QMFF.N23-QMFF.M24

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 QMFF.N23-QMFF.M24

Based on our trend formula, QMFF.N23-QMFF.M24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QMFF.N23-QMFF.M24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
25.15 25.15 25.15 25.15 0.00
Prev. Close Volume Bid Ask Time
25.15 0 2022-08-12 00:00:00
Expiration2023-07-28
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