Spread Trend Analysis Report
Prepared for you on Tuesday, April 7, 2020.
FREIGHT ROUTE TD3C (BALTIC) APR 20/JUL 21 (NYMEX:QTL.J20-QTL.N21)
Long-Term Downtrend (-90) - QTL.J20-QTL.N21 is in a strong downtrend that is likely to continue. While QTL.J20-QTL.N21 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 QTL.J20-QTL.N21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QTL.J20-QTL.N21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QTL.J20-QTL.N21
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 QTL.J20-QTL.N21
Based on our trend formula, QTL.J20-QTL.N21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).