Future Trend Analysis Report
Prepared for you on Wednesday, February 20, 2019.
3 MONTH SOFR Mar 2019 (CME:SR3.H19)
Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for SR3.H19
The long term trend has been UP since Dec 6th, 2018 at 97.495
The intermediate term trend has been DOWN since Jan 18th, 2019 at 97.545
The short term trend has been DOWN since Feb 13th, 2019 at 97.560
Smart Scan Analysis for SR3.H19
Based on a pre-defined weighted trend formula for chart analysis, SR3.H19 scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).