Future Trend Analysis Report
Prepared for you on Friday, May 27, 2022.
NYISO ZN C 5 MW DAY AHEAD (OFF PEAK) DECEMBER 2023 (NYMEX:QA3.Z23)
Countertrend Down (-85) - QA3.Z23 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid QA3.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QA3.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QA3.Z23
The long-term trend has been DOWN since Aug 19th, 2021 at 22.30
The intermediate-term trend has been DOWN since Aug 17th, 2021 at 24.26
The short-term trend has been UP since Sep 9th, 2021 at 23.00
Smart Scan Analysis for QA3.Z23
Based on our trend formula, QA3.Z23 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).