Future Trend Analysis Report
Prepared for you on Thursday, June 30, 2022.
PJM BGE OFF_PEAK LMP Jul 2022 (NYMEX:QR3.N22)
Bull Market Weakness (+75) - QR3.N22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QR3.N22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QR3.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QR3.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QR3.N22
The long-term trend has been UP since Mar 2nd, 2021 at 25.27
The intermediate-term trend has been UP since Jul 19th, 2021 at 26.27
The short-term trend has been UP since Aug 20th, 2021 at 27.97
Smart Scan Analysis for QR3.N22
Based on our trend formula, QR3.N22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).