Forward Curves in Focus
June 30, 2025
Forward curves show a strong majority of bullish trends, with two exceptions.
These four tables utilize the Three Exponential Moving Averages (TEMA) methodology for the 2026–2029 RTC strips.
TEMA is a popular indicator used to analyze the direction of a trend. It aims to eliminate market noise, smooth price fluctuations, and reduce lag. TEMA identifies trends (uptrend, neutral, downtrend) based on the position of the short Exponential Moving Average (EMA) relative to two longer EMAs—in this case, a 10-day EMA versus a 20-day EMA and a 50-day EMA. These tables illustrate trends for RTC power calendar strip curves from 2026 through 2029, derived from proprietary data.