Future Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
1 MONTH SOFR May 2022 (CME:SR1.K22)
Long-Term Downtrend (-90) - SR1.K22 is in a strong downtrend that is likely to continue. While SR1.K22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SR1.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for SR1.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SR1.K22
The long-term trend has been DOWN since Oct 13th, 2021 at 99.925
The intermediate-term trend has been DOWN since Sep 27th, 2021 at 99.945
The short-term trend has been DOWN since Oct 7th, 2021 at 99.940
Smart Scan Analysis for SR1.K22
Based on our trend formula, SR1.K22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).