Future Trend Analysis Report
Prepared for you on Saturday, May 21, 2022.
NEPOOL CONN 5 MW DAY AHEAD(OFF-PEAK) MAY 2024 (NYMEX:QP3.K24)
Long-Term Downtrend (-90) - QP3.K24 is in a strong downtrend that is likely to continue. While QP3.K24 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QP3.K24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QP3.K24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QP3.K24
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QP3.K24
Based on our trend formula, QP3.K24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).