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Forex Trend Analysis Report
Prepared for you on Sunday, February 1, 2026.
Euro/Nigerian Naira (FOREX:EURNGN)
Crossroads (-60) - EURNGN is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EURNGN?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURNGN.
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 EURNGN
The long-term trend has been DOWN since Aug 4th, 2025 at 1779.0
The intermediate-term trend has been UP since Jan 25th, 2026 at 1660.4
The short-term trend has been UP since Jan 26th, 2026 at 1668.9
Smart Scan Analysis for EURNGN
Based on our trend formula, EURNGN is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1658.7 | 1658.7 | 1658.7 | 1658.7 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1658.7 | 2026-02-01 04:47:59 |