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Forex Trend Analysis Report
Prepared for you on Monday, September 8, 2025.
Nigerian Naira/South African Rand (FOREX:NGNZAR)
Long-Term Uptrend (+90) - NGNZAR is in a strong uptrend that is likely to continue. While NGNZAR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
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MarketClub’s Trade Triangles for NGNZAR
The long-term trend has been UP since Aug 1st, 2025 at 0.01192143
The intermediate-term trend has been UP since Sep 2nd, 2025 at 0.01160186
The short-term trend has been UP since Sep 4th, 2025 at 0.01162696
Smart Scan Analysis for NGNZAR
Based on our trend formula, NGNZAR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01156354 | 0.01167153 | 0.01150049 | 0.01159924 | +0.00003600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01156354 | 2025-09-08 20:54:07 |