Future Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
NEPOOL CONN 5 MW DAY AHEAD(PEAK) NOVEMBER 2021 (NYMEX:QP2.X21)
Bull Market Weakness (+75) - QP2.X21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QP2.X21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QP2.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QP2.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QP2.X21
The long-term trend has been UP since Mar 2nd, 2021 at 43.6
The intermediate-term trend has been UP since Jun 11th, 2021 at 46.2
The short-term trend has been UP since Oct 7th, 2021 at 89.5
Smart Scan Analysis for QP2.X21
Based on our trend formula, QP2.X21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).