Future Trend Analysis Report
Prepared for you on Friday, January 21, 2022.
NYISO ZN G 5 MW DAY AHEAD (OFF PEAK) Feb 2022 (NYMEX:QD2.G22)
Strong Uptrend (+100) - QD2.G22 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QD2.G22 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid QD2.G22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QD2.G22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QD2.G22
The long-term trend has been UP since Jan 13th, 2021 at 44.13
The intermediate-term trend has been UP since Dec 16th, 2020 at 41.29
The short-term trend has been UP since Aug 24th, 2021 at 72.90
Smart Scan Analysis for QD2.G22
Based on our trend formula, QD2.G22 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).