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Prepared for you on Wednesday, July 6, 2022.

COAL (API 4) FOB RICHARDS BAY DEC 22/APR 24 (NYMEX:QMFF.Z22-QMFF.J24)

Long-Term Downtrend (-90) - QMFF.Z22-QMFF.J24 is in a strong downtrend that is likely to continue. While QMFF.Z22-QMFF.J24 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.Z22-QMFF.J24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QMFF.Z22-QMFF.J24.

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

NYMEX_QMFF.Z22-QMFF.J24
Open High Low QMFF.Z22-QMFF.J24 Price Change
93.3 93.3 93.3 93.3 0.0
Entry Signal

MarketClub’s Trade Triangles for QMFF.Z22-QMFF.J24

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.Z22-QMFF.J24

Based on our trend formula, QMFF.Z22-QMFF.J24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QMFF.Z22-QMFF.J24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
93.3 93.3 93.3 93.3 0.0
Prev. Close Volume Bid Ask Time
98.1 0 2022-07-01 00:00:00
Expiration2022-12-30
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