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Future Trend Analysis Report

Prepared for you on Saturday, January 25, 2020.

BRAZILIAN REAL Feb 2020 (CME:6L.G20)

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.

CME_6L.G20
Open High Low 6L.G20 Price Change
0.23970 0.24000 0.23845 0.23875 -0.00065
Entry Signal

MarketClub’s Trade Triangles for 6L.G20

long term up The long term trend has been UP since Dec 31st, 2019 at 0.25020

intermediate term down The intermediate term trend has been DOWN since Jan 13th, 2020 at 0.24335

short term down The short term trend has been DOWN since Jan 21st, 2020 at 0.23810

Smart Scan Analysis for 6L.G20

Based on a pre-defined weighted trend formula for chart analysis, 6L.G20 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for 6L.G20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.23970 0.24000 0.23845 0.23875 -0.00065
Prev. Close Volume Bid Ask Time
0.24075 4953 2020-01-24 16:40:10
Expiration2020-01-31Open Time18:00
Close Time17:00
Get a free daily report for BRAZILIAN REAL Feb 2020 (6L.G20) - Free Trend Analysis Report.