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Future Trend Analysis Report

Prepared for you on Sunday, June 26, 2022.

BRAZILIAN REAL Jul 2022 (CME:6L.N22)

Long-Term Downtrend (-90) - 6L.N22 is in a strong downtrend that is likely to continue. While 6L.N22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid 6L.N22?

MarketClub looks at technical strength and momentum to determine if the timing is right for 6L.N22.

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

CME_6L.N22
Open High Low 6L.N22 Price Change
0.19065 0.19170 0.18915 0.18960 -0.00005
Entry Signal

MarketClub’s Trade Triangles for 6L.N22

long term down The long-term trend has been DOWN since Apr 26th, 2022 at 0.2048

intermediate term down The intermediate-term trend has been DOWN since Jun 12th, 2022 at 0.1984

short term down The short-term trend has been DOWN since Jun 7th, 2022 at 0.2054

Smart Scan Analysis for 6L.N22

Based on our trend formula, 6L.N22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for 6L.N22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.19065 0.19170 0.18915 0.18960 -0.00005
Prev. Close Volume Bid Ask Time
0.19025 20128 2022-06-24 16:55:18
Expiration2022-06-30Open Time18:00
Close Time17:00
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