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Future Trend Analysis Report

Prepared for you on Thursday, July 19, 2018.

BRAZILIAN REAL Aug 2018 (E) (CME:6L.Q18.E)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.Q18.E
Open High Low 6L.Q18.E Price Change
0.25985 0.25990 0.25670 0.25725 -0.00315
Entry Signal

MarketClub’s Trade Triangles for 6L.Q18.E

long term down The long term trend has been DOWN since Apr 6th, 2018 at 0.29645

intermediate term down The intermediate term trend has been DOWN since Mar 15th, 2018 at 0.30145

short term down The short term trend has been DOWN since Jul 19th, 2018 at 0.25735

Smart Scan Analysis for 6L.Q18.E

Based on a pre-defined weighted trend formula for chart analysis, 6L.Q18.E scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for 6L.Q18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.25985 0.25990 0.25670 0.25725 -0.00315
Prev. Close Volume Bid Ask Time
0.25935 906 2018-07-19 09:18:22
Contract High0.27Contract High Date2018-06-11
Contract Low0.2525Contract Low Date2018-07-06
Estimated Volume1593First Delivery2018-08-01
Expiration2018-07-31Open Time18:00
Close Time17:00
Want to analyze BRAZILIAN REAL Aug 2018 (E) 6L.Q18.E or another symbol? Try our Free Future Trend Analysis Report.