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Spread Trend Analysis Report

Prepared for you on Wednesday, August 17, 2022.

COAL (API 2) CIF ARA SEP 23/MAR 24 (NYMEX:QMTF.U23-QMTF.H24)

Long-Term Downtrend (-90) - QMTF.U23-QMTF.H24 is in a strong downtrend that is likely to continue. While QMTF.U23-QMTF.H24 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.U23-QMTF.H24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QMTF.U23-QMTF.H24.

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

NYMEX_QMTF.U23-QMTF.H24
Open High Low QMTF.U23-QMTF.H24 Price Change
17.75 17.75 17.75 17.75 0.00
Entry Signal

MarketClub’s Trade Triangles for QMTF.U23-QMTF.H24

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.U23-QMTF.H24

Based on our trend formula, QMTF.U23-QMTF.H24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QMTF.U23-QMTF.H24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.75 17.75 17.75 17.75 0.00
Prev. Close Volume Bid Ask Time
17.75 0 2022-08-16 00:00:00
Expiration2023-09-29
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