Future Trend Analysis Report
Prepared for you on Friday, August 12, 2022.
NYISO ZN C 5 MW DAY AHEAD (OFF PEAK) OCTOBER 2022 (NYMEX:QA3.V22)
Strong Downtrend (-100) - QA3.V22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QA3.V22 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QA3.V22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QA3.V22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QA3.V22
The long-term trend has been DOWN since Aug 25th, 2021 at 15.50
The intermediate-term trend has been DOWN since Aug 10th, 2021 at 18.05
The short-term trend has been DOWN since Sep 23rd, 2021 at 16.25
Smart Scan Analysis for QA3.V22
Based on our trend formula, QA3.V22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).