Future Trend Analysis Report
Prepared for you on Wednesday, June 29, 2022.
ERCOT WEST ZONE MCPE 5 MW PEAK JULY 2024 (NYMEX:QN1.N24)
Crossroads (-60) - QN1.N24 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QN1.N24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QN1.N24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QN1.N24
The long-term trend has been UP since Jun 11th, 2021 at 50.18
The intermediate-term trend has been DOWN since Sep 1st, 2021 at 47.05
The short-term trend has been DOWN since Sep 30th, 2021 at 47.50
Smart Scan Analysis for QN1.N24
Based on our trend formula, QN1.N24 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).