Spread Trend Analysis Report
Prepared for you on Wednesday, June 16, 2021.
COAL (API 4) FOB RICHARDS BAY OCT 21/DEC 21 (NYMEX:QMFF.V21-QMFF.Z21)
Strong Downtrend (-100) - QMFF.V21-QMFF.Z21 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 QMFF.V21-QMFF.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMFF.V21-QMFF.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMFF.V21-QMFF.Z21
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 QMFF.V21-QMFF.Z21
Based on our trend formula, QMFF.V21-QMFF.Z21 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).