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Forex Trend Analysis Report

Prepared for you on Friday, June 13, 2025.

Euro/Nigerian Naira (FOREX:EURNGN)

Crossroads (-60) - EURNGN is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_EURNGN
Open High Low EURNGN Price Change
1781.5 1781.5 1781.5 1781.5 0.0
Entry Signal

MarketClub’s Trade Triangles for EURNGN

long term up The long-term trend has been UP since Apr 6th, 2025 at 1690.9

intermediate term down The intermediate-term trend has been DOWN since May 16th, 2025 at 1816.9

short term down The short-term trend has been DOWN since Jun 9th, 2025 at 1796.7

Smart Scan Analysis for EURNGN

Based on our trend formula, EURNGN is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for EURNGN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1781.5 1781.5 1781.5 1781.5 0.0
Prev. Close Volume Bid Ask Time
1784.1 2025-06-09 07:24:43
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