Future Trend Analysis Report
Prepared for you on Thursday, June 30, 2022.
NYISO ZN G 5 MW DAY AHEAD (OFF PEAK) MAY 2023 (NYMEX:QD2.K23)
Weak Downtrend (-65) - QD2.K23 is showing signs of a strengthening downtrend. Monitor QD2.K23 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QD2.K23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QD2.K23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QD2.K23
The long-term trend has been UP since Oct 16th, 2020 at 21.75
The intermediate-term trend has been DOWN since Aug 19th, 2021 at 25.10
The short-term trend has been DOWN since Sep 27th, 2021 at 25.10
Smart Scan Analysis for QD2.K23
Based on our trend formula, QD2.K23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).