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Forex Trend Analysis Report
Prepared for you on Tuesday, December 16, 2025.
Euro/Nigerian Naira (FOREX:EURNGN)
Sidelines Mode (+50) - EURNGN is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until EURNGN can gain momentum.
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.
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MarketClub’s Trade Triangles for EURNGN
The long-term trend has been DOWN since Aug 4th, 2025 at 1779.0
The intermediate-term trend has been UP since Nov 23rd, 2025 at 1661.3
The short-term trend has been UP since Dec 9th, 2025 at 1677.9
Smart Scan Analysis for EURNGN
Based on our trend formula, EURNGN is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1702.1 | 1702.1 | 1702.1 | 1702.1 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1702.1 | 2025-12-13 02:06:42 |