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Future Trend Analysis Report

Prepared for you on Friday, May 27, 2022.

BRAZILIAN REAL Jun 2022 (CME:6L.M22)

Strong Uptrend (+100) - 6L.M22 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, 6L.M22 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid 6L.M22?

MarketClub looks at technical strength and momentum to determine if the timing is right for 6L.M22.

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

CME_6L.M22
Open High Low 6L.M22 Price Change
0.21020 0.21195 0.20830 0.21100 +0.00145
Entry Signal

MarketClub’s Trade Triangles for 6L.M22

long term up The long-term trend has been UP since Mar 9th, 2022 at 0.19515

intermediate term up The intermediate-term trend has been UP since May 22nd, 2022 at 0.20545

short term up The short-term trend has been UP since May 12th, 2022 at 0.19410

Smart Scan Analysis for 6L.M22

Based on our trend formula, 6L.M22 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for 6L.M22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21020 0.21195 0.20830 0.21100 +0.00145
Prev. Close Volume Bid Ask Time
0.20955 7959 2022-05-27 13:49:11
Expiration2022-05-31Open Time18:00
Close Time17:00
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