Future Trend Analysis Report
Prepared for you on Saturday, July 11, 2020.
3 MONTH SOFR Dec 2021 (CME:SR3.Z21)
Long-Term Uptrend (+90) - SR3.Z21 is in a strong uptrend that is likely to continue. While SR3.Z21 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 SR3.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for SR3.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SR3.Z21
The long-term trend has been UP since Nov 13th, 2019 at 98.645
The intermediate-term trend has been UP since Jun 22nd, 2020 at 100.010
The short-term trend has been UP since Jul 9th, 2020 at 100.040
Smart Scan Analysis for SR3.Z21
Based on our trend formula, SR3.Z21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).