Explanation
The series is formed by applying a specific arithmetic pattern to the positional values of the letters in each triplet.
For the first letter of each term, the sequence is T (20), Q (17), N (14), K (11). There is a constant decrease of 3 (20-3=17, 17-3=14, 14-3=11). Following this pattern, the next letter is 11-3=8, which corresponds to H.
For the second letter of each term, the sequence is M (13), N (14), O (15), P (16). There is a constant increase of 1 (13+1=14, 14+1=15, 15+1=16). Following this pattern, the next letter is 16+1=17, which corresponds to Q.
For the third letter of each term, the sequence is J (10), L (12), N (14), P (16). There is a constant increase of 2 (10+2=12, 12+2=14, 14+2=16). Following this pattern, the next letter is 16+2=18, which corresponds to R.
Combining these results, the missing term is HQR.