Future Trend Analysis Report
Prepared for you on Saturday, May 28, 2022.
NEPOOL CONN 5 MW DAY AHEAD(PEAK) MARCH 2023 (NYMEX:QP2.H23)
Bull Market Weakness (+75) - QP2.H23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QP2.H23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QP2.H23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QP2.H23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QP2.H23
The long-term trend has been UP since Apr 14th, 2021 at 45.95
The intermediate-term trend has been UP since Jun 8th, 2021 at 47.67
The short-term trend has been UP since Aug 23rd, 2021 at 53.05
Smart Scan Analysis for QP2.H23
Based on our trend formula, QP2.H23 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).