Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Friday, December 1, 2023.

BRAZILIAN REAL Dec 2023 (CME:6L.Z23)

Weak Downtrend (-65) - 6L.Z23 is showing signs of a strengthening downtrend. Monitor 6L.Z23 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid 6L.Z23?

MarketClub looks at technical strength and momentum to determine if the timing is right for 6L.Z23.

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

CME_6L.Z23
Open High Low 6L.Z23 Price Change
0.20365 0.20425 0.20220 0.20261 -0.00175
Entry Signal

MarketClub’s Trade Triangles for 6L.Z23

long term down The long-term trend has been DOWN since Sep 8th, 2023 at 0.20080

intermediate term up The intermediate-term trend has been UP since Oct 23rd, 2023 at 0.19820

short term down The short-term trend has been DOWN since Nov 30th, 2023 at 0.20375

Smart Scan Analysis for 6L.Z23

Based on our trend formula, 6L.Z23 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for 6L.Z23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.20365 0.20425 0.20220 0.20261 -0.00175
Prev. Close Volume Bid Ask Time
0.20285 1320 2023-11-30 09:10:47
Expiration2023-11-30Open Time18:00
Close Time17:00
Get a free daily analysis and signals for BRAZILIAN REAL Dec 2023 (6L.Z23) - Request Your Free Report.