Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Nigerian Naira/British Pound (FOREX:NGNGBP)
Weak Downtrend (-65) - NGNGBP is showing signs of a strengthening downtrend. Monitor NGNGBP as it may be building momentum to the downside.
Is it time to buy, sell, or avoid NGNGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for NGNGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for NGNGBP
The long-term trend has been DOWN since Nov 14th, 2023 at 0.00092345
The intermediate-term trend has been UP since Mar 13th, 2024 at 0.00053243
The short-term trend has been DOWN since Apr 22nd, 2024 at 0.00069015
Smart Scan Analysis for NGNGBP
Based on our trend formula, NGNGBP is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.00063987 | 0.00063987 | 0.00062299 | 0.00062511 | -0.00001500 |
Prev. Close | Volume | Bid | Ask | Time |
0.00063987 | 2024-04-25 22:52:30 |