Future Trend Analysis Report
Prepared for you on Friday, May 27, 2022.
NEPOOL CONN 5 MW DAY AHEAD(OFF-PEAK) MARCH 2024 (NYMEX:QP3.H24)
Bull Market Weakness (+75) - QP3.H24 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QP3.H24 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QP3.H24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QP3.H24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QP3.H24
The long-term trend has been UP since Jun 29th, 2021 at 38.62
The intermediate-term trend has been UP since Jul 26th, 2021 at 37.06
The short-term trend has been UP since Sep 8th, 2021 at 37.87
Smart Scan Analysis for QP3.H24
Based on our trend formula, QP3.H24 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).