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Future Trend Analysis Report

Prepared for you on Monday, April 24, 2017.

BRAZILIAN REAL May 2017 (E) (CME:6L.K17.E)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.

Open High Low 6L.K17.E Price Change
0.31635 0.32010 0.31635 0.31930 +0.00385
Entry Signal

MarketClub’s Trade Triangles for 6L.K17.E

long term up The long term trend has been UP since Jan 12th, 2017 at 0.30550

intermediate term up The intermediate term trend has been UP since Apr 5th, 2017 at 0.32225

short term down The short term trend has been DOWN since Apr 20th, 2017 at 0.31610

Smart Scan Analysis for 6L.K17.E

Based on a pre-defined weighted trend formula for chart analysis, 6L.K17.E scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for 6L.K17.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.31635 0.32010 0.31635 0.31930 +0.00385
Prev. Close Volume Bid Ask Time
0.31590 4357 2017-04-24 16:23:23
Contract High0.32295Contract High Date2017-04-18
Contract Low0.31Contract Low Date2017-03-29
Estimated Volume4255First Delivery2017-05-01
Expiration2017-04-28Open Time18:00
Close Time17:00
Want to analyze BRAZILIAN REAL May 2017 (E) 6L.K17.E or another symbol? Try our Free Future Trend Analysis Report.