Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, July 30, 2025.
Nigerian Naira/US Dollar (FOREX:NGNUSD)
Bull Market Weakness (+75) - NGNUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NGNUSD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid NGNUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for NGNUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for NGNUSD
The long-term trend has been UP since Jul 2nd, 2025 at 0.00065101
The intermediate-term trend has been UP since May 20th, 2025 at 0.00062460
The short-term trend has been UP since May 18th, 2025 at 0.00062219
Smart Scan Analysis for NGNUSD
Based on our trend formula, NGNUSD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00065473 | 0.00065473 | 0.00065473 | 0.00065473 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00065232 | 2025-07-26 14:06:43 |