Future Trend Analysis Report
Prepared for you on Friday, January 28, 2022.
NEPOOL CONN 5 MW DAY AHEAD(PEAK) Feb 2022 (NYMEX:QP2.G22)
Countertrend Up (+85) - QP2.G22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid QP2.G22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QP2.G22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QP2.G22
The long-term trend has been UP since Jan 15th, 2021 at 63.45
The intermediate-term trend has been UP since Dec 18th, 2020 at 59.79
The short-term trend has been UP since Aug 24th, 2021 at 115.15
Smart Scan Analysis for QP2.G22
Based on our trend formula, QP2.G22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).