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Future Trend Analysis Report

Prepared for you on Saturday, April 20, 2019.

BRAZILIAN REAL Jun 2019 (CME:6L.M19)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

CME_6L.M19
Open High Low 6L.M19 Price Change
0.25250 0.25395 0.25250 0.25390 +0.00025
Entry Signal

MarketClub’s Trade Triangles for 6L.M19

long term down The long term trend has been DOWN since Mar 1st, 2019 at 0.2645

intermediate term down The intermediate term trend has been DOWN since Nov 8th, 2018 at 0.2626

short term down The short term trend has been DOWN since Apr 11th, 2019 at 0.2586

Smart Scan Analysis for 6L.M19

Based on a pre-defined weighted trend formula for chart analysis, 6L.M19 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for 6L.M19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.25250 0.25395 0.25250 0.25390 +0.00025
Prev. Close Volume Bid Ask Time
0.25250 49 2019-04-18 14:39:41
First Delivery2019-06-03Expiration2019-05-31
Open Time18:00Close Time17:00
Want to analyze BRAZILIAN REAL Jun 2019 6L.M19 or another symbol? Try our Free Future Trend Analysis Report.