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Future Trend Analysis Report

Prepared for you on Wednesday, March 3, 2021.

BRAZILIAN REAL Mar 2021 (CME:6L.H21)

Countertrend Down (-85) - 6L.H21 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid 6L.H21?

MarketClub looks at technical strength and momentum to determine if the timing is right for 6L.H21.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_6L.H21
Open High Low 6L.H21 Price Change
0.18015 0.18295 0.17980 0.18083 -0.00020
Entry Signal

MarketClub’s Trade Triangles for 6L.H21

long term down The long-term trend has been DOWN since Jan 7th, 2021 at 0.18400

intermediate term down The intermediate-term trend has been DOWN since Dec 28th, 2020 at 0.19075

short term up The short-term trend has been UP since Feb 25th, 2021 at 0.18485

Smart Scan Analysis for 6L.H21

Based on our trend formula, 6L.H21 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for 6L.H21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.18015 0.18295 0.17980 0.18083 -0.00020
Prev. Close Volume Bid Ask Time
0.18075 897 2021-02-26 10:11:20
Expiration2021-02-26Open Time18:00
Close Time17:00
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