Future Trend Analysis Report
Prepared for you on Friday, June 5, 2020.
1 MONTH SOFR Jul 2020 (CME:SR1.N20)
Crossroads (-60) - SR1.N20 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SR1.N20?
MarketClub looks at technical strength and momentum to determine if the timing is right for SR1.N20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SR1.N20
The long-term trend has been UP since Jan 29th, 2020 at 98.545
The intermediate-term trend has been DOWN since May 27th, 2020 at 99.930
The short-term trend has been DOWN since May 5th, 2020 at 99.960
Smart Scan Analysis for SR1.N20
Based on our trend formula, SR1.N20 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).