Future Trend Analysis Report
Prepared for you on Wednesday, January 26, 2022.
BRAZILIAN REAL Feb 2022 (CME:6L.G22)
Long-Term Uptrend (+90) - 6L.G22 is in a strong uptrend that is likely to continue. While 6L.G22 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid 6L.G22?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6L.G22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6L.G22
The long-term trend has been UP since Jan 19th, 2022 at 0.18300
The intermediate-term trend has been UP since Jan 11th, 2022 at 0.17880
The short-term trend has been UP since Jan 26th, 2022 at 0.18385
Smart Scan Analysis for 6L.G22
Based on our trend formula, 6L.G22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).