Future Trend Analysis Report
Prepared for you on Monday, September 21, 2020.
BRAZILIAN REAL Oct 2020 (CME:6L.V20)
Bear Market Rally (-75) - 6L.V20 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on 6L.V20 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid 6L.V20?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6L.V20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6L.V20
The long-term trend has been DOWN since Aug 10th, 2020 at 0.1830
The intermediate-term trend has been UP since Sep 1st, 2020 at 0.1862
The short-term trend has been DOWN since Sep 18th, 2020 at 0.1886
Smart Scan Analysis for 6L.V20
Based on our trend formula, 6L.V20 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).