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Forex Trend Analysis Report
Prepared for you on Tuesday, October 21, 2025.
British Pound/Nigerian Naira (FOREX:GBPNGN)
Strong Downtrend (-100) - GBPNGN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPNGN continues to fall. Traders should use caution and set stops.
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 DOWN since Oct 21st, 2025 at 1964.3537
Smart Scan Analysis for GBPNGN
Based on our trend formula, GBPNGN is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1964.9113 | 1968.5444 | 1958.3955 | 1959.3012 | -5.6101 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1964.9113 | 2025-10-21 16:18:38 |