Future Trend Analysis Report
Prepared for you on Friday, May 27, 2022.
NEPOOL SE MASS 5 MW DAY AHEAD(OFF PEAK) Jan 2024 (NYMEX:QP5.F24)
Countertrend Up (+85) - QP5.F24 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 QP5.F24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QP5.F24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QP5.F24
The long-term trend has been UP since Apr 19th, 2021 at 60.21
The intermediate-term trend has been UP since Jun 9th, 2021 at 69.66
The short-term trend has been UP since Aug 24th, 2021 at 85.68
Smart Scan Analysis for QP5.F24
Based on our trend formula, QP5.F24 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).