Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, February 22, 2025.

Nigerian Naira/British Pound (FOREX:NGNGBP)

Weak Uptrend (+65) - NGNGBP is showing signs of weakening momentum to the upside. Monitor NGNGBP as it may be in the beginning stages of a reversal.

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.

FOREX_NGNGBP
Open High Low NGNGBP Price Change
0.00052697 0.00052703 0.00052697 0.00052703 0.00000000
Entry Signal

MarketClub’s Trade Triangles for NGNGBP

long term up The long-term trend has been UP since Dec 4th, 2024 at 0.00048112

intermediate term up The intermediate-term trend has been UP since Nov 15th, 2024 at 0.00047372

short term down The short-term trend has been DOWN since Feb 20th, 2025 at 0.00052397

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).

+65
Smart Scan Analysis for NGNGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00052697 0.00052703 0.00052697 0.00052703 0.00000000
Prev. Close Volume Bid Ask Time
0.00052697 2025-02-22 02:57:59
Get a free daily analysis and signals for Nigerian Naira/British Pound (NGNGBP) - Request Your Free Report.