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Forex Trend Analysis Report
Prepared for you on Tuesday, July 1, 2025.
British Pound/Nigerian Naira (FOREX:GBPNGN)
Crossroads (+60) - GBPNGN 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 GBPNGN?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPNGN.
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 GBPNGN
The long-term trend has been UP since Apr 3rd, 2025 at 2019.7947
The intermediate-term trend has been DOWN since Jun 6th, 2025 at 2109.1081
The short-term trend has been DOWN since Jun 29th, 2025 at 2106.6668
Smart Scan Analysis for GBPNGN
Based on our trend formula, GBPNGN is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2114.0144 | 2118.9179 | 2102.6758 | 2108.6899 | -5.3245 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2114.0144 | 2025-07-01 16:11:43 |