Future Trend Analysis Report
Prepared for you on Tuesday, May 24, 2022.
NEPOOL MAINE 5 MW DAY AHEAD(PEAK) JUNE 2027 (NYMEX:QP9.M27)
Long-Term Downtrend (-90) - QP9.M27 is in a strong downtrend that is likely to continue. While QP9.M27 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 QP9.M27?
MarketClub looks at technical strength and momentum to determine if the timing is right for QP9.M27.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QP9.M27
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 QP9.M27
Based on our trend formula, QP9.M27 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).