Future Trend Analysis Report
Prepared for you on Wednesday, May 25, 2022.
NEPOOL CONN 5 MW DAY AHEAD(PEAK) SEPTEMBER 2022 (NYMEX:QP2.U22)
Bull Market Weakness (+75) - QP2.U22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QP2.U22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QP2.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QP2.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QP2.U22
The long-term trend has been UP since Apr 15th, 2021 at 28.86
The intermediate-term trend has been UP since Aug 24th, 2021 at 36.15
The short-term trend has been UP since Aug 20th, 2021 at 34.96
Smart Scan Analysis for QP2.U22
Based on our trend formula, QP2.U22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).