Future Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
PJM BGE OFF_PEAK LMP Dec 2021 (NYMEX:QR3.Z21)
Long-Term Uptrend (+90) - QR3.Z21 is in a strong uptrend that is likely to continue. While QR3.Z21 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.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QR3.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QR3.Z21
The long-term trend has been UP since Mar 2nd, 2021 at 29.12
The intermediate-term trend has been UP since Aug 2nd, 2021 at 33.62
The short-term trend has been UP since Aug 23rd, 2021 at 34.77
Smart Scan Analysis for QR3.Z21
Based on our trend formula, QR3.Z21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).