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Forex Trend Analysis Report
Prepared for you on Thursday, September 18, 2025.
Euro/Nigerian Naira (FOREX:EURNGN)
Long-Term Downtrend (-90) - EURNGN is in a strong downtrend that is likely to continue. While EURNGN 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 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 DOWN since Sep 4th, 2025 at 1780.9
The short-term trend has been DOWN since Sep 4th, 2025 at 1780.9
Smart Scan Analysis for EURNGN
Based on our trend formula, EURNGN is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1761.9 | 1761.9 | 1761.9 | 1761.9 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1764.0 | 2025-09-14 21:00:15 |