Future Trend Analysis Report
Prepared for you on Friday, February 21, 2020.
1 MONTH SOFR Jun 2020 (CME:SR1.M20)
Bull Market Weakness (+75) - SR1.M20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SR1.M20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SR1.M20?
MarketClub looks at technical strength and momentum to determine if the timing is right for SR1.M20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SR1.M20
The long-term trend has been DOWN since Nov 8th, 2019 at 98.580
The intermediate-term trend has been UP since Jan 27th, 2020 at 98.505
The short-term trend has been UP since Feb 21st, 2020 at 98.555
Smart Scan Analysis for SR1.M20
Based on our trend formula, SR1.M20 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).