Analyze Symbol

Future Trend Analysis Report

Prepared for you on Wednesday, November 22, 2017.

BRAZILIAN REAL Dec 2017 (E) (CME:6L.Z17.E)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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.Z17.E
Open High Low 6L.Z17.E Price Change
0.3067 0.3067 0.3067 0.3067 -0.0011
Entry Signal

MarketClub’s Trade Triangles for 6L.Z17.E

long term down The long term trend has been DOWN since Nov 3rd, 2017 at 0.30165

intermediate term up The intermediate term trend has been UP since Nov 21st, 2017 at 0.30810

short term up The short term trend has been UP since Nov 17th, 2017 at 0.30540

Smart Scan Analysis for 6L.Z17.E

Based on a pre-defined weighted trend formula for chart analysis, 6L.Z17.E scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for 6L.Z17.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.3067 0.3067 0.3067 0.3067 -0.0011
Prev. Close Volume Bid Ask Time
0.3085 12 2017-11-22 01:44:24
Contract High0.3236Contract High Date2017-09-07
Contract Low0.2989Contract Low Date2017-11-03
Estimated Volume307First Delivery2017-12-01
Expiration2017-11-30Open Time18:00
Close Time17:00
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