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Future Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

BRAZILIAN REAL Dec 2019 (CME:6L.Z19)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight 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.Z19
Open High Low 6L.Z19 Price Change
0.23750 0.23860 0.23615 0.23505 +0.00030
Entry Signal

MarketClub’s Trade Triangles for 6L.Z19

long term down The long term trend has been DOWN since Nov 18th, 2019 at 0.23740

intermediate term down The intermediate term trend has been DOWN since Nov 11th, 2019 at 0.23955

short term up The short term trend has been UP since Nov 28th, 2019 at 0.23685

Smart Scan Analysis for 6L.Z19

Based on a pre-defined weighted trend formula for chart analysis, 6L.Z19 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for 6L.Z19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.23750 0.23860 0.23615 0.23505 +0.00030
Prev. Close Volume Bid Ask Time
0.23690 2620 2019-11-29 10:10:07
Expiration2019-11-29Open Time18:00
Close Time17:00
Want to analyze BRAZILIAN REAL Dec 2019 6L.Z19 or another symbol? Try our Free Future Trend Analysis Report.