Future Trend Analysis Report
Prepared for you on Saturday, January 22, 2022.
NYISO ZN A 5 MW DAY AHEAD (OFF PEAK) JUNE 2023 (NYMEX:QK4.M23)
Sidelines Mode (-55) - QK4.M23 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QK4.M23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QK4.M23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QK4.M23
The long-term trend has been DOWN since Aug 23rd, 2021 at 17.10
The intermediate-term trend has been DOWN since Aug 18th, 2021 at 18.99
The short-term trend has been UP since Sep 8th, 2021 at 17.00
Smart Scan Analysis for QK4.M23
Based on our trend formula, QK4.M23 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).