Future Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
3 MONTH SOFR Jun 2023 (CME:SR3.M23)
Long-Term Downtrend (-90) - SR3.M23 is in a strong downtrend that is likely to continue. While SR3.M23 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SR3.M23?
MarketClub looks at technical strength and momentum to determine if the timing is right for SR3.M23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SR3.M23
The long-term trend has been DOWN since Jan 6th, 2021 at 99.815
The intermediate-term trend has been DOWN since Sep 22nd, 2021 at 99.455
The short-term trend has been DOWN since Oct 21st, 2021 at 99.045
Smart Scan Analysis for SR3.M23
Based on our trend formula, SR3.M23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).