Future Trend Analysis Report
Prepared for you on Monday, December 6, 2021.
BRAZILIAN REAL Jan 2022 (CME:6L.F22)
Sidelines Mode (+55) - 6L.F22 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid 6L.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6L.F22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6L.F22
The long-term trend has been UP since Nov 11th, 2021 at 0.18190
The intermediate-term trend has been DOWN since Dec 3rd, 2021 at 0.17500
The short-term trend has been UP since Dec 3rd, 2021 at 0.17745
Smart Scan Analysis for 6L.F22
Based on our trend formula, 6L.F22 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).