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Forex Trend Analysis Report

Prepared for you on Tuesday, July 1, 2025.

Nigerian Naira/South African Rand (FOREX:NGNZAR)

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

Is it time to buy, sell, or avoid NGNZAR?

MarketClub looks at technical strength and momentum to determine if the timing is right for NGNZAR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_NGNZAR
Open High Low NGNZAR Price Change
0.01150562 0.01152967 0.01143088 0.01146486 -0.00004100
Entry Signal

MarketClub’s Trade Triangles for NGNZAR

long term down The long-term trend has been DOWN since Apr 21st, 2025 at 0.01165313

intermediate term up The intermediate-term trend has been UP since Jun 10th, 2025 at 0.01146592

short term down The short-term trend has been DOWN since Jun 23rd, 2025 at 0.01157419

Smart Scan Analysis for NGNZAR

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

-65
Smart Scan Analysis for NGNZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01150562 0.01152967 0.01143088 0.01146486 -0.00004100
Prev. Close Volume Bid Ask Time
0.01150562 2025-07-01 09:42:58
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