Future Trend Analysis Report
Prepared for you on Tuesday, September 22, 2020.
1 MONTH SOFR Nov 2020 (CME:SR1.X20)
Long-Term Uptrend (+90) - SR1.X20 is in a strong uptrend that is likely to continue. While SR1.X20 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SR1.X20?
MarketClub looks at technical strength and momentum to determine if the timing is right for SR1.X20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SR1.X20
The long-term trend has been UP since Mar 5th, 2020 at 99.585
The intermediate-term trend has been UP since Sep 21st, 2020 at 99.930
The short-term trend has been UP since Sep 16th, 2020 at 99.925
Smart Scan Analysis for SR1.X20
Based on our trend formula, SR1.X20 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).