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Future Trend Analysis Report

Prepared for you on Wednesday, July 18, 2018.

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

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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
0.26050 0.26050 0.25840 0.26015 +0.00030
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 up The short term trend has been UP since Jul 18th, 2018 at 0.26000

Smart Scan Analysis for 6L.Q18.E

Based on a pre-defined weighted trend formula for chart analysis, 6L.Q18.E scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for 6L.Q18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.26050 0.26050 0.25840 0.26015 +0.00030
Prev. Close Volume Bid Ask Time
0.25985 1026 2018-07-18 12:04:19
Contract High0.27Contract High Date2018-06-11
Contract Low0.2525Contract Low Date2018-07-06
Estimated Volume1841First 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.