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Future Trend Analysis Report

Prepared for you on Sunday, August 25, 2019.

BRAZILIAN REAL Sep 2019 (CME:6L.U19)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.

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.U19
Open High Low 6L.U19 Price Change
0.24520 0.24670 0.24080 0.24240 -0.00325
Entry Signal

MarketClub’s Trade Triangles for 6L.U19

long term down The long term trend has been DOWN since Aug 15th, 2019 at 0.24695

intermediate term down The intermediate term trend has been DOWN since Aug 2nd, 2019 at 0.25930

short term up The short term trend has been UP since Aug 22nd, 2019 at 0.24795

Smart Scan Analysis for 6L.U19

Based on a pre-defined weighted trend formula for chart analysis, 6L.U19 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for 6L.U19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.24520 0.24670 0.24080 0.24240 -0.00325
Prev. Close Volume Bid Ask Time
0.24605 10283 2019-08-23 16:59:21
Expiration2019-08-30Open Time18:00
Close Time17:00
Want to analyze BRAZILIAN REAL Sep 2019 6L.U19 or another symbol? Try our Free Future Trend Analysis Report.