Future Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
PJM AEP DAYTON OFF_PEAK LMP JULY 2023 (NYMEX:QR7.N23)
Long-Term Uptrend (+90) - QR7.N23 is in a strong uptrend that is likely to continue. While QR7.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 QR7.N23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QR7.N23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QR7.N23
The long-term trend has been UP since Apr 13th, 2021 at 22.71
The intermediate-term trend has been UP since Mar 29th, 2021 at 22.19
The short-term trend has been UP since Sep 2nd, 2021 at 26.62
Smart Scan Analysis for QR7.N23
Based on our trend formula, QR7.N23 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).