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Future Trend Analysis Report
Prepared for you on Saturday, March 6, 2021.
BRAZILIAN REAL Apr 2021 (CME:6L.J21)
Long-Term Downtrend (-90) - 6L.J21 is in a strong downtrend that is likely to continue. While 6L.J21 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid 6L.J21?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6L.J21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for 6L.J21
The long-term trend has been DOWN since Jan 5th, 2021 at 0.18615
The intermediate-term trend has been DOWN since Jan 5th, 2021 at 0.19255
The short-term trend has been DOWN since Feb 25th, 2021 at 0.18240
Smart Scan Analysis for 6L.J21
Based on our trend formula, 6L.J21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.17620 | 0.17745 | 0.17435 | 0.17535 | -0.00190 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.17585 | 9760 | 2021-03-05 16:54:59 |
| Expiration | 2021-03-31 | Open Time | 18:00 |
| Close Time | 17:00 |