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Forex Trend Analysis Report
Prepared for you on Monday, March 31, 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.
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MarketClub’s Trade Triangles for NGNGBP
The long-term trend has been UP since Dec 4th, 2024 at 0.00048112
The intermediate-term trend has been DOWN since Mar 4th, 2025 at 0.00052161
The short-term trend has been UP since Mar 30th, 2025 at 0.00050651
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00050662 | 0.00050668 | 0.00050288 | 0.00050467 | -0.00000200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00050662 | 2025-03-31 17:09:59 |