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.
MarketClub’s Trade Triangles for 6L.Q18.E
The long term trend has been DOWN since Apr 6th, 2018 at 0.29645
The intermediate term trend has been DOWN since Mar 15th, 2018 at 0.30145
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).
|Contract High||0.27||Contract High Date||2018-06-11|
|Contract Low||0.2525||Contract Low Date||2018-07-06|
|Estimated Volume||1841||First Delivery||2018-08-01|