Future Trend Analysis Report
Prepared for you on Saturday, May 21, 2022.
FREIGHT ROUTE TC9 (BALTIC) DECEMBER 2023 (NYMEX:QTC9.Z23)
Bull Market Weakness (+75) - QTC9.Z23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QTC9.Z23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QTC9.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QTC9.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QTC9.Z23
The long-term trend has been UP since Jul 30th, 2021 at 14.139
The intermediate-term trend has been UP since Jul 30th, 2021 at 14.139
The short-term trend has been DOWN since Aug 18th, 2021 at 14.309
Smart Scan Analysis for QTC9.Z23
Based on our trend formula, QTC9.Z23 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).