Spread Trend Analysis Report
Prepared for you on Monday, August 8, 2022.
COAL (API 2) CIF ARA AUG 23/FEB 24 (NYMEX:QMTF.Q23-QMTF.G24)
Strong Downtrend (-100) - QMTF.Q23-QMTF.G24 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QMTF.Q23-QMTF.G24 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QMTF.Q23-QMTF.G24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMTF.Q23-QMTF.G24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMTF.Q23-QMTF.G24
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 QMTF.Q23-QMTF.G24
Based on our trend formula, QMTF.Q23-QMTF.G24 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).