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Future Trend Analysis Report

Prepared for you on Saturday, October 20, 2018.

BRAZILIAN REAL Jun 2021 (E) (CME:6L.M21.E)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

CME_6L.M21.E
Open High Low 6L.M21.E Price Change
0.24280 0.24280 0.24280 0.24280 +0.00085
Entry Signal

MarketClub’s Trade Triangles for 6L.M21.E

long term down The long term trend has been DOWN since at

intermediate term down The intermediate term trend has been DOWN since at

short term down The short term trend has been DOWN since at

Smart Scan Analysis for 6L.M21.E

Based on a pre-defined weighted trend formula for chart analysis, 6L.M21.E scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for 6L.M21.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.24280 0.24280 0.24280 0.24280 +0.00085
Prev. Close Volume Bid Ask Time
0.24195 2018-10-18 17:03:11
Contract High0.24485Contract High Date2018-10-17
Contract Low0.20825Contract Low Date2018-09-13
First Delivery2021-06-01Expiration2021-05-31
Open Time18:00Close Time17:00
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