Future Trend Analysis Report
Prepared for you on Friday, May 27, 2022.
FREIGHT ROUTE TC5 (PLATTS) Feb 2024 (NYMEX:QTH.G24)
Countertrend Up (+85) - QTH.G24 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid QTH.G24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QTH.G24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QTH.G24
The long-term trend has been UP since Jan 8th, 2021 at 22.498
The intermediate-term trend has been UP since Jul 30th, 2021 at 26.181
The short-term trend has been DOWN since Sep 28th, 2021 at 26.590
Smart Scan Analysis for QTH.G24
Based on our trend formula, QTH.G24 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).