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Future Trend Analysis Report

Prepared for you on Thursday, May 25, 2017.

BRAZILIAN REAL Jul 2017 (E) (CME:6L.N17.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 negative trend to resume. Downtrend 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.

CME_6L.N17.E
Open High Low 6L.N17.E Price Change
0.30105 0.30485 0.29940 0.30310 -0.00045
Entry Signal

MarketClub’s Trade Triangles for 6L.N17.E

long term down The long term trend has been DOWN since May 18th, 2017 at 0.30515

intermediate term down The intermediate term trend has been DOWN since May 18th, 2017 at 0.30805

short term up The short term trend has been UP since May 24th, 2017 at 0.30340

Smart Scan Analysis for 6L.N17.E

Based on a pre-defined weighted trend formula for chart analysis, 6L.N17.E scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for 6L.N17.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.30105 0.30485 0.29940 0.30310 -0.00045
Prev. Close Volume Bid Ask Time
0.30310 1 2017-05-24 15:12:32
Contract High0.31975Contract High Date2017-05-16
Contract Low0.2903Contract Low Date2017-05-18
Estimated Volume419First Delivery2017-07-03
Expiration2017-06-30Open Time18:00
Close Time17:00
Want to analyze BRAZILIAN REAL Jul 2017 (E) 6L.N17.E or another symbol? Try our Free Future Trend Analysis Report.