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Forex Trend Analysis Report

Prepared for you on Sunday, February 1, 2026.

British Pound/Nigerian Naira (FOREX:GBPNGN)

Weak Downtrend (-65) - GBPNGN is showing signs of a strengthening downtrend. Monitor GBPNGN as it may be building momentum to the downside.

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.

FOREX_GBPNGN
Open High Low GBPNGN Price Change
1898.3684 1907.8658 1898.3684 1907.8658 +9.4974
Entry Signal

MarketClub’s Trade Triangles for GBPNGN

long term down The long-term trend has been DOWN since Aug 1st, 2025 at 2018.7783

intermediate term up The intermediate-term trend has been UP since Jan 27th, 2026 at 1947.3078

short term down The short-term trend has been DOWN since Jan 28th, 2026 at 1922.3962

Smart Scan Analysis for GBPNGN

Based on our trend formula, GBPNGN is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for GBPNGN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1898.3684 1907.8658 1898.3684 1907.8658 +9.4974
Prev. Close Volume Bid Ask Time
1898.3684 2026-02-01 10:44:59
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