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Forex Trend Analysis Report
Prepared for you on Tuesday, September 16, 2025.
British Pound/Nigerian Naira (FOREX:GBPNGN)
Bear Market Rally (-75) - GBPNGN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GBPNGN as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid GBPNGN?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPNGN.
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 GBPNGN
The long-term trend has been DOWN since Aug 1st, 2025 at 2018.7783
The intermediate-term trend has been DOWN since Aug 31st, 2025 at 2050.0718
The short-term trend has been UP since Sep 15th, 2025 at 2044.9000
Smart Scan Analysis for GBPNGN
Based on our trend formula, GBPNGN is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2041.6705 | 2046.1459 | 2033.4131 | 2044.4381 | +2.7676 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2041.6705 | 2025-09-16 15:29:52 |