Future Trend Analysis Report
Prepared for you on Wednesday, June 29, 2022.
NEPOOL CONN 5 MW DAY AHEAD(PEAK) JULY 2022 (NYMEX:QP2.N22)
Bull Market Weakness (+75) - QP2.N22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QP2.N22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QP2.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QP2.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QP2.N22
The long-term trend has been UP since Jun 11th, 2021 at 37.50
The intermediate-term trend has been UP since Aug 24th, 2021 at 46.38
The short-term trend has been UP since Aug 20th, 2021 at 44.86
Smart Scan Analysis for QP2.N22
Based on our trend formula, QP2.N22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).