Future Trend Analysis Report
Prepared for you on Thursday, May 19, 2022.
JAPANESE POWER DAY-AHEAD KANSAI PEAK MAY 2022 (NYMEX:QJPK.K22)
Bull Market Weakness (+75) - QJPK.K22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QJPK.K22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QJPK.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QJPK.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QJPK.K22
The long-term trend has been UP since Jun 4th, 2021 at 9.20
The intermediate-term trend has been UP since Jul 28th, 2021 at 9.80
The short-term trend has been UP since Sep 7th, 2021 at 10.86
Smart Scan Analysis for QJPK.K22
Based on our trend formula, QJPK.K22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).