Future Trend Analysis Report
Prepared for you on Thursday, January 21, 2021.
1 MONTH SOFR May 2021 (CME:SR1.K21)
Strong Downtrend (-100) - SR1.K21 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SR1.K21?
MarketClub looks at technical strength and momentum to determine if the timing is right for SR1.K21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SR1.K21
The long-term trend has been DOWN since Oct 6th, 2020 at 99.955
The intermediate-term trend has been DOWN since Jan 6th, 2021 at 99.945
The short-term trend has been DOWN since Jan 6th, 2021 at 99.950
Smart Scan Analysis for SR1.K21
Based on our trend formula, SR1.K21 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).