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Future Trend Analysis Report

Prepared for you on Friday, August 12, 2022.

BRAZILIAN REAL Aug 2022 (CME:6L.Q22)

Crossroads (+60) - 6L.Q22 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid 6L.Q22?

MarketClub looks at technical strength and momentum to determine if the timing is right for 6L.Q22.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_6L.Q22
Open High Low 6L.Q22 Price Change
0.19205 0.19595 0.19170 0.19274 -0.00030
Entry Signal

MarketClub’s Trade Triangles for 6L.Q22

long term down The long-term trend has been DOWN since Jun 23rd, 2022 at 0.18925

intermediate term up The intermediate-term trend has been UP since Jul 27th, 2022 at 0.18915

short term up The short-term trend has been UP since Jul 25th, 2022 at 0.18355

Smart Scan Analysis for 6L.Q22

Based on our trend formula, 6L.Q22 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for 6L.Q22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.19205 0.19595 0.19170 0.19274 -0.00030
Prev. Close Volume Bid Ask Time
0.19250 908 2022-07-29 10:13:26
Expiration2022-07-29Open Time18:00
Close Time17:00
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