Future Trend Analysis Report
Prepared for you on Tuesday, May 24, 2022.
NEPOOL CONN 5 MW DAY AHEAD(OFF-PEAK) Oct 2024 (NYMEX:QP3.V24)
Countertrend Up (+85) - QP3.V24 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid QP3.V24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QP3.V24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QP3.V24
The long-term trend has been UP since Apr 16th, 2021 at 24.23
The intermediate-term trend has been UP since Jul 26th, 2021 at 23.81
The short-term trend has been UP since Sep 8th, 2021 at 24.38
Smart Scan Analysis for QP3.V24
Based on our trend formula, QP3.V24 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).