Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Sunday, April 18, 2021.

BRAZILIAN REAL May 2021 (CME:6L.K21)

Weak Downtrend (-65) - 6L.K21 is showing signs of a strengthening downtrend. Monitor 6L.K21 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid 6L.K21?

MarketClub looks at technical strength and momentum to determine if the timing is right for 6L.K21.

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

CME_6L.K21
Open High Low 6L.K21 Price Change
0.17830 0.17950 0.17605 0.17905 +0.00085
Entry Signal

MarketClub’s Trade Triangles for 6L.K21

long term down The long-term trend has been DOWN since Feb 24th, 2021 at 0.18410

intermediate term down The intermediate-term trend has been DOWN since Nov 8th, 2018 at 0.24185

short term up The short-term trend has been UP since Apr 15th, 2021 at 0.17645

Smart Scan Analysis for 6L.K21

Based on our trend formula, 6L.K21 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for 6L.K21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.17830 0.17950 0.17605 0.17905 +0.00085
Prev. Close Volume Bid Ask Time
0.17885 3618 2021-04-16 16:51:34
Expiration2021-04-30Open Time18:00
Close Time17:00
Get a free daily analysis and signals for BRAZILIAN REAL May 2021 (6L.K21) - Request Your Free Report.