Future Trend Analysis Report
Prepared for you on Thursday, July 19, 2018.
BRAZILIAN REAL Sep 2018 (E) (CME:6L.U18.E)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.
MarketClub’s Trade Triangles for 6L.U18.E
The long term trend has been DOWN since Apr 6th, 2018 at 0.29555
The intermediate term trend has been DOWN since Mar 15th, 2018 at 0.30050
The short term trend has been DOWN since Jul 19th, 2018 at 0.25640
Smart Scan Analysis for 6L.U18.E
Based on a pre-defined weighted trend formula for chart analysis, 6L.U18.E scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||0.27395||Contract High Date||2018-05-25|
|Contract Low||0.25||Contract Low Date||2018-06-07|
|Estimated Volume||68||First Delivery||2018-09-04|