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Forex Trend Analysis Report

Prepared for you on Thursday, July 3, 2025.

Nigerian Naira/US Dollar (FOREX:NGNUSD)

Countertrend Up (+85) - NGNUSD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

FOREX_NGNUSD
Open High Low NGNUSD Price Change
0.00065397 0.00065397 0.00065397 0.00065397 0.00000000
Entry Signal

MarketClub’s Trade Triangles for NGNUSD

long term up The long-term trend has been UP since Jul 2nd, 2025 at 0.00065101

intermediate term up The intermediate-term trend has been UP since May 20th, 2025 at 0.00062460

short term up The short-term trend has been UP since May 18th, 2025 at 0.00062219

Smart Scan Analysis for NGNUSD

Based on our trend formula, NGNUSD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for NGNUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00065397 0.00065397 0.00065397 0.00065397 0.00000000
Prev. Close Volume Bid Ask Time
0.00065397 2025-07-02 19:05:17
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