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Forex Trend Analysis Report

Prepared for you on Sunday, July 6, 2025.

British Pound/Nigerian Naira (FOREX:GBPNGN)

Weak Downtrend (-65) - GBPNGN is showing signs of a strengthening downtrend. Monitor GBPNGN as it may be building momentum to the downside.

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.

FOREX_GBPNGN
Open High Low GBPNGN Price Change
2089.2096 2090.6630 2086.0732 2087.5151 -1.6945
Entry Signal

MarketClub’s Trade Triangles for GBPNGN

long term up The long-term trend has been UP since Apr 3rd, 2025 at 2019.7947

intermediate term down The intermediate-term trend has been DOWN since Jun 6th, 2025 at 2109.1081

short term down The short-term trend has been DOWN since Jun 29th, 2025 at 2106.6668

Smart Scan Analysis for GBPNGN

Based on our trend formula, GBPNGN is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for GBPNGN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2089.2096 2090.6630 2086.0732 2087.5151 -1.6945
Prev. Close Volume Bid Ask Time
2089.2096 2025-07-06 19:47:09
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