Future Trend Analysis Report
Prepared for you on Saturday, October 1, 2022.
BRAZILIAN REAL Oct 2022 (CME:6L.V22)
Weak Downtrend (-65) - 6L.V22 is showing signs of a strengthening downtrend. Monitor 6L.V22 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid 6L.V22?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6L.V22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6L.V22
The long-term trend has been UP since Jul 27th, 2022 at 0.18320
The intermediate-term trend has been DOWN since Sep 2nd, 2022 at 0.18955
The short-term trend has been DOWN since Sep 23rd, 2022 at 0.19135
Smart Scan Analysis for 6L.V22
Based on our trend formula, 6L.V22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).