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Future Trend Analysis Report

Prepared for you on Sunday, December 5, 2021.

BRAZILIAN REAL Dec 2021 (CME:6L.Z21)

Sidelines Mode (+50) - 6L.Z21 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until 6L.Z21 can gain momentum.

Is it time to buy, sell, or avoid 6L.Z21?

MarketClub looks at technical strength and momentum to determine if the timing is right for 6L.Z21.

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

CME_6L.Z21
Open High Low 6L.Z21 Price Change
0.17830 0.17950 0.17775 0.17794 -0.00110
Entry Signal

MarketClub’s Trade Triangles for 6L.Z21

long term down The long-term trend has been DOWN since Aug 2nd, 2021 at 0.1912

intermediate term up The intermediate-term trend has been UP since Nov 9th, 2021 at 0.1816

short term up The short-term trend has been UP since Nov 28th, 2021 at 0.1799

Smart Scan Analysis for 6L.Z21

Based on our trend formula, 6L.Z21 is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for 6L.Z21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.17830 0.17950 0.17775 0.17794 -0.00110
Prev. Close Volume Bid Ask Time
0.17855 339 2021-11-30 10:02:36
Expiration2021-11-30Open Time18:00
Close Time17:00
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