Spread Trend Analysis Report
Prepared for you on Thursday, May 26, 2022.
COAL (API 4) FOB RICHARDS BAY NOV 22/JUL 23 (NYMEX:QMFF.X22-QMFF.N23)
Strong Downtrend (-100) - QMFF.X22-QMFF.N23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QMFF.X22-QMFF.N23 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QMFF.X22-QMFF.N23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMFF.X22-QMFF.N23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMFF.X22-QMFF.N23
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.X22-QMFF.N23
Based on our trend formula, QMFF.X22-QMFF.N23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).