Future Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
PJM BGE OFF_PEAK LMP JANUARY 2024 (NYMEX:QR3.F24)
Strong Uptrend (+100) - QR3.F24 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QR3.F24 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid QR3.F24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QR3.F24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QR3.F24
The long-term trend has been UP since Jun 1st, 2021 at 38.17
The intermediate-term trend has been UP since May 3rd, 2021 at 37.24
The short-term trend has been UP since Aug 20th, 2021 at 42.28
Smart Scan Analysis for QR3.F24
Based on our trend formula, QR3.F24 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).