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Future Trend Analysis Report

Prepared for you on Monday, August 2, 2021.

BRAZILIAN REAL Aug 2021 (CME:6L.Q21)

Weak Uptrend (+65) - 6L.Q21 is showing signs of weakening momentum to the upside. Monitor 6L.Q21 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid 6L.Q21?

MarketClub looks at technical strength and momentum to determine if the timing is right for 6L.Q21.

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

CME_6L.Q21
Open High Low 6L.Q21 Price Change
0.19650 0.19795 0.19540 0.19525 -0.00015
Entry Signal

MarketClub’s Trade Triangles for 6L.Q21

long term up The long-term trend has been UP since Oct 9th, 2018 at 0.23665

intermediate term down The intermediate-term trend has been DOWN since Jul 6th, 2021 at 0.19425

short term up The short-term trend has been UP since Jul 22nd, 2021 at 0.19275

Smart Scan Analysis for 6L.Q21

Based on our trend formula, 6L.Q21 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for 6L.Q21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.19650 0.19795 0.19540 0.19525 -0.00015
Prev. Close Volume Bid Ask Time
0.19610 409 2021-07-30 09:45:15
Expiration2021-07-30Open Time18:00
Close Time17:00
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