Future Trend Analysis Report
Prepared for you on Wednesday, May 25, 2022.
NEPOOL MAINE 5 MW DAY AHEAD(PEAK) Jan 2024 (NYMEX:QP9.F24)
Bull Market Weakness (+75) - QP9.F24 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QP9.F24 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QP9.F24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QP9.F24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QP9.F24
The long-term trend has been UP since Jun 1st, 2020 at 65.31
The intermediate-term trend has been UP since Aug 2nd, 2021 at 94.56
The short-term trend has been UP since Aug 24th, 2021 at 96.12
Smart Scan Analysis for QP9.F24
Based on our trend formula, QP9.F24 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).