Future Trend Analysis Report
Prepared for you on Wednesday, January 19, 2022.
ERCOT NORTH 345 KV HUB DAY-AHEAD 5MW OFF Feb 2022 (NYMEX:QERL.G22)
Strong Uptrend (+100) - QERL.G22 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QERL.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 QERL.G22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QERL.G22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QERL.G22
The long-term trend has been UP since Feb 19th, 2021 at 25.72
The intermediate-term trend has been UP since Sep 1st, 2021 at 46.37
The short-term trend has been UP since Sep 8th, 2021 at 46.85
Smart Scan Analysis for QERL.G22
Based on our trend formula, QERL.G22 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).