Future Trend Analysis Report
Prepared for you on Monday, June 27, 2022.
GERMAN POWER PEAKLOAD JULY 2023 (NYMEX:QDEP.N23)
Countertrend Up (+85) - QDEP.N23 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 QDEP.N23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QDEP.N23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QDEP.N23
The long-term trend has been UP since May 3rd, 2021 at 56.59
The intermediate-term trend has been UP since Jun 23rd, 2021 at 60.64
The short-term trend has been UP since Aug 24th, 2021 at 69.41
Smart Scan Analysis for QDEP.N23
Based on our trend formula, QDEP.N23 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).