Future Trend Analysis Report
Prepared for you on Sunday, December 10, 2023.
ERCOT NORTH 345 KV HUB DAY-AHEAD 5MW OFF Dec 2023 (NYMEX:QERL.Z23)
Long-Term Downtrend (-90) - QERL.Z23 is in a strong downtrend that is likely to continue. While QERL.Z23 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QERL.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QERL.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QERL.Z23
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QERL.Z23
Based on our trend formula, QERL.Z23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).