Spread Trend Analysis Report
Prepared for you on Friday, November 26, 2021.
FREIGHT ROUTE TD20 (BALTIC) NOV 21/JAN 22 (NYMEX:QT2D.X21-QT2D.F22)
Long-Term Downtrend (-90) - QT2D.X21-QT2D.F22 is in a strong downtrend that is likely to continue. While QT2D.X21-QT2D.F22 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 QT2D.X21-QT2D.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QT2D.X21-QT2D.F22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QT2D.X21-QT2D.F22
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 QT2D.X21-QT2D.F22
Based on our trend formula, QT2D.X21-QT2D.F22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).