Future Trend Analysis Report
Prepared for you on Tuesday, April 13, 2021.
3 MONTH SOFR Dec 2023 (CME:SR3.Z23)
Sidelines Mode (-55) - SR3.Z23 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 SR3.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for SR3.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SR3.Z23
The long-term trend has been DOWN since Feb 3rd, 2021 at 99.605
The intermediate-term trend has been DOWN since Feb 3rd, 2021 at 99.605
The short-term trend has been UP since Apr 13th, 2021 at 99.185
Smart Scan Analysis for SR3.Z23
Based on our trend formula, SR3.Z23 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).