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Future Trend Analysis Report

Prepared for you on Tuesday, April 13, 2021.

BRAZILIAN REAL Jun 2021 (CME:6L.M21)

Strong Downtrend (-100) - 6L.M21 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid 6L.M21?

MarketClub looks at technical strength and momentum to determine if the timing is right for 6L.M21.

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

CME_6L.M21
Open High Low 6L.M21 Price Change
0.17340 0.17365 0.17310 0.17350 -0.00085
Entry Signal

MarketClub’s Trade Triangles for 6L.M21

long term down The long-term trend has been DOWN since Feb 16th, 2021 at 0.1835

intermediate term down The intermediate-term trend has been DOWN since Feb 16th, 2021 at 0.1835

short term down The short-term trend has been DOWN since Apr 9th, 2021 at 0.1756

Smart Scan Analysis for 6L.M21

Based on our trend formula, 6L.M21 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for 6L.M21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.17340 0.17365 0.17310 0.17350 -0.00085
Prev. Close Volume Bid Ask Time
0.17435 17 2021-04-13 02:32:10
Expiration2021-05-31Open Time18:00
Close Time17:00
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