Future Trend Analysis Report
Prepared for you on Thursday, April 15, 2021.
1 MONTH SOFR Jul 2021 (CME:SR1.N21)
Sidelines Mode (+55) - SR1.N21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SR1.N21?
MarketClub looks at technical strength and momentum to determine if the timing is right for SR1.N21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SR1.N21
The long-term trend has been UP since Jan 26th, 2021 at 99.955
The intermediate-term trend has been UP since Mar 17th, 2021 at 99.955
The short-term trend has been DOWN since Mar 24th, 2021 at 99.960
Smart Scan Analysis for SR1.N21
Based on our trend formula, SR1.N21 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).