Future Trend Analysis Report
Prepared for you on Thursday, July 7, 2022.
MICHIGAN HUB OFF-PEAK JULY 2022 (NYMEX:QHJ.N22)
Sidelines Mode (+55) - QHJ.N22 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QHJ.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QHJ.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QHJ.N22
The long-term trend has been UP since Apr 19th, 2021 at 26.92
The intermediate-term trend has been UP since Apr 12th, 2021 at 26.05
The short-term trend has been DOWN since Sep 27th, 2021 at 34.90
Smart Scan Analysis for QHJ.N22
Based on our trend formula, QHJ.N22 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).