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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.

CME_6L.J22
Open High Low 6L.J22 Price Change
0.17800 0.17920 0.17800 0.17990 +0.00265
Entry Signal

MarketClub’s Trade Triangles for 6L.J22

long term up The long-term trend has been UP since Jan 12th, 2022 at 0.1750

intermediate term up The intermediate-term trend has been UP since Jan 12th, 2022 at 0.1742

short term up 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).

+80
Smart Scan Analysis for 6L.J22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.17800 0.17920 0.17800 0.17990 +0.00265
Prev. Close Volume Bid Ask Time
0.17655 12 2022-01-19 09:31:52
Expiration2022-03-31Open Time18:00
Close Time17:00
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