Future Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
NYISO ZN A 5 MW DAY AHEAD (PEAK) Nov 2021 (NYMEX:QK3.X21)
Long-Term Uptrend (+90) - QK3.X21 is in a strong uptrend that is likely to continue. While QK3.X21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid QK3.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QK3.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QK3.X21
The long-term trend has been UP since Jul 19th, 2021 at 24.43
The intermediate-term trend has been UP since Jun 10th, 2021 at 22.30
The short-term trend has been UP since Aug 23rd, 2021 at 25.73
Smart Scan Analysis for QK3.X21
Based on our trend formula, QK3.X21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).