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Future Trend Analysis Report

Prepared for you on Thursday, October 28, 2021.

BRAZILIAN REAL Nov 2021 (CME:6L.X21)

Countertrend Down (-85) - 6L.X21 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid 6L.X21?

MarketClub looks at technical strength and momentum to determine if the timing is right for 6L.X21.

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

CME_6L.X21
Open High Low 6L.X21 Price Change
0.1800 0.1800 0.1790 0.1790 -0.0014
Entry Signal

MarketClub’s Trade Triangles for 6L.X21

long term down The long-term trend has been DOWN since Sep 9th, 2021 at 0.1858

intermediate term down The intermediate-term trend has been DOWN since Sep 9th, 2021 at 0.1858

short term up The short-term trend has been UP since Oct 25th, 2021 at 0.1776

Smart Scan Analysis for 6L.X21

Based on our trend formula, 6L.X21 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for 6L.X21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1800 0.1800 0.1790 0.1790 -0.0014
Prev. Close Volume Bid Ask Time
0.1804 41 2021-10-28 03:04:06
Expiration2021-10-29Open Time18:00
Close Time17:00
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