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Prepared for you on Friday, May 20, 2022.

COAL (API 2) CIF ARA JUL 23/JAN 24 (NYMEX:QMTF.N23-QMTF.F24)

Long-Term Downtrend (-90) - QMTF.N23-QMTF.F24 is in a strong downtrend that is likely to continue. While QMTF.N23-QMTF.F24 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 QMTF.N23-QMTF.F24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QMTF.N23-QMTF.F24.

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

NYMEX_QMTF.N23-QMTF.F24
Open High Low QMTF.N23-QMTF.F24 Price Change
24.5 24.5 24.5 24.5 0.0
Entry Signal

MarketClub’s Trade Triangles for QMTF.N23-QMTF.F24

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 QMTF.N23-QMTF.F24

Based on our trend formula, QMTF.N23-QMTF.F24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QMTF.N23-QMTF.F24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.5 24.5 24.5 24.5 0.0
Prev. Close Volume Bid Ask Time
24.5 0 2022-05-19 00:00:00
Expiration2023-07-28
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