Future Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
PJM BGE OFF_PEAK LMP JULY 2023 (NYMEX:QR3.N23)
Long-Term Uptrend (+90) - QR3.N23 is in a strong uptrend that is likely to continue. While QR3.N23 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid QR3.N23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QR3.N23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QR3.N23
The long-term trend has been UP since May 19th, 2021 at 24.11
The intermediate-term trend has been UP since Mar 29th, 2021 at 23.39
The short-term trend has been UP since Sep 1st, 2021 at 27.78
Smart Scan Analysis for QR3.N23
Based on our trend formula, QR3.N23 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).