Future Trend Analysis Report
Prepared for you on Wednesday, January 19, 2022.
BRAZILIAN REAL Apr 2022 (CME:6L.J22)
Countertrend Up (+85) - 6L.J22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid 6L.J22?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6L.J22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6L.J22
The long-term trend has been UP since Jan 12th, 2022 at 0.1750
The intermediate-term trend has been UP since Jan 12th, 2022 at 0.1742
The short-term trend has been UP since Jan 19th, 2022 at 0.1790
Smart Scan Analysis for 6L.J22
Based on our trend formula, 6L.J22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).