Munafa technical analysis US Dollar / Naira USDNGN technical analysis buy or sell
Munafa technical analysis US Dollar / Naira USDNGN technical analysis buy or sell Analysis of US Dollar / Naira USDNGN to buy or sell for Daily, weekly or monthly
Quick Chart Bull Charts Forecast Tomorrow Price Targets View Analysis
| Date | Close | Open | High | Low |
| 16 Fri Jan | 1420.09380 | 1422.35840 | 1423.29750 | 1419.96130 |
| 15 Thu Jan | 1422.50360 | 1422.20390 | 1423.40580 | 1420.99830 |
| 14 Wed Jan | 1422.25640 | 1422.18240 | 1425.11220 | 1422.14250 |
| 13 Tue Jan | 1422.28470 | 1422.22220 | 1424.84890 | 1422.22220 |
| 12 Mon Jan | 1422.22220 | 1427.50320 | 1427.50320 | 1421.37220 |
Stock of US Dollar / Naira closed at 1420.09380 and it opened at 1422.35840
It moved inside a range of 1419.96130 and 1423.29750
52 week High is 1615.90000 and 52 week Low is 1419.96130
Financial Year High is 1615.90000 and Low is 1419.96130
This year High is 1445.80360 and Low is 1419.96130
US Dollar / Naira USDNGN Daily Analysis to buy or sell
As per my analysis of US Dollar / Naira USDNGN, 12 day returns for US Dollar / Naira USDNGN have been negative, with total returns of -25.6155, which is -1.77% with investment starting at 1445.70930.
An investment of 100,000 bucks in US Dollar / Naira would have become 98230 bucks today.
US Dollar / Naira USDNGN moves in a range of 3.4 points on a day to day basis. This means that a total of approx 3.4 plus points of returns can be expected in a bullish day, and a total of 3.4 minus points can be expected in a bearish day.
This is about 0.24% of returns per day.
US Dollar / Naira Munafa analysis, looking for Trend and BUY or SELL opportunities.
Stock is in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT US Dollar / Naira USDNGN at this time.
It appears as if US Dollar / Naira USDNGN gave a large move recently.
Stock of US Dollar / Naira (USDNGN) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, and the stock might move lower...
My analysis of US Dollar / Naira is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if US Dollar / Naira stays below 1423.5, but if it comes above 1423.5, then a intra day buy could be more profitable.
If you take a sell trade below 1423.5, then use 1423.5 as stoploss and 1405.2 as target. However if you take a buy trade in US Dollar / Naira, then use 1423.5 as stoploss and 1438.65 as target.
You can find more Price Targets here or Forecast here for Shortterm, Midterm, and Longterm
Daily Candle Stick analysis of US Dollar / Naira USDNGN
Candle stick analysis of US Dollar / Naira as on 16 Fri Jan 2026 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of US Dollar / Naira are:
HL: 0.2 HC: 0.2 LC: 0 OC: 0.1
US Dollar / Naira is moving towards a low expiry
US Dollar / Naira is forming a DOJI candle
Candle stick analysis of US Dollar / Naira as on 15 Thu Jan 2026 is showing a green candle, which means that the buyers are dominating this session.
Candle stick ratios of US Dollar / Naira are:
HL: 0.2 HC: 0.1 LC: 0.1 OC: 0.1
US Dollar / Naira is forming a DOJI candle
Candle stick analysis of US Dollar / Naira as on 14 Wed Jan 2026 is showing a green candle, which means that the buyers are dominating this session.
Candle stick ratios of US Dollar / Naira are:
HL: 0.2 HC: 0.2 LC: 0 OC: 0.2
US Dollar / Naira is moving towards a low expiry
US Dollar / Naira is forming a DOJI candle
Candle stick analysis of US Dollar / Naira as on 13 Tue Jan 2026 is showing a green candle, which means that the buyers are dominating this session.
Candle stick ratios of US Dollar / Naira are:
HL: 0.2 HC: 0.2 LC: 0 OC: 0.2
US Dollar / Naira is moving towards a low expiry
US Dollar / Naira is forming a DOJI candle
Candle stick analysis of US Dollar / Naira as on 12 Mon Jan 2026 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of US Dollar / Naira are:
HL: 0.4 HC: 0.4 LC: 0.1 OC: 0
US Dollar / Naira is moving towards a low expiry
US Dollar / Naira is forming a DOJI candle
US Dollar / Naira USDNGN Weekly Analysis to buy or sell
As per my analysis of US Dollar / Naira USDNGN, 12 week returns for US Dollar / Naira USDNGN have been negative, with total returns of -27.1585, which is -1.88% with investment starting at 1447.25230.
An investment of 100,000 bucks in US Dollar / Naira would have become 98120 bucks today.
US Dollar / Naira USDNGN moves in a range of 8.3 points on a week to week basis. This means that a total of approx 8.3 plus points of returns can be expected in a bullish week, and a total of 8.3 minus points can be expected in a bearish week.
This is about 0.58% of returns per week.
Weekly Candle Stick analysis of US Dollar / Naira USDNGN
Candle stick analysis of US Dollar / Naira as on 16 Fri Jan 2026 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of US Dollar / Naira are:
HL: 0.5 HC: 0.5 LC: 0 OC: 0
US Dollar / Naira is moving towards a low expiry
US Dollar / Naira is forming a DOJI candle
Candle stick analysis of US Dollar / Naira as on 09 Fri Jan 2026 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of US Dollar / Naira are:
HL: 1.1 HC: 0.9 LC: 0.3 OC: 0.4
US Dollar / Naira is moving towards a low expiry
US Dollar / Naira is forming a DOJI candle
Candle stick analysis of US Dollar / Naira as on 02 Fri Jan 2026 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of US Dollar / Naira are:
HL: 1.4 HC: 1.4 LC: 0 OC: 0.3
US Dollar / Naira is moving towards a low expiry
US Dollar / Naira is forming a DOJI candle
Candle stick analysis of US Dollar / Naira as on 26 Fri Dec 2025 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of US Dollar / Naira are:
HL: 0.7 HC: 0.7 LC: 0 OC: 0
US Dollar / Naira is moving towards a low expiry
US Dollar / Naira is forming a DOJI candle
Candle stick analysis of US Dollar / Naira as on 19 Fri Dec 2025 is showing a green candle, which means that the buyers are dominating this session.
Candle stick ratios of US Dollar / Naira are:
HL: 0.7 HC: 0 LC: 0.6 OC: 0.6
US Dollar / Naira is moving towards a high expiry
US Dollar / Naira USDNGN Monthly Analysis to buy or sell
As per my analysis of US Dollar / Naira USDNGN, 12 month returns for US Dollar / Naira USDNGN have been negative, with total returns of -79.8362, which is -5.32% with investment starting at 1499.93000.
An investment of 100,000 bucks in US Dollar / Naira would have become 94680 bucks today.
US Dollar / Naira USDNGN moves in a range of 26.1 points on a month to month basis. This means that a total of approx 26.1 plus points of returns can be expected in a bullish month, and a total of 26.1 minus points can be expected in a bearish month.
This is about 1.84% of returns per month.
Monthly Candle Stick analysis of US Dollar / Naira USDNGN
Candle stick analysis of US Dollar / Naira as on 16 Fri Jan 2026 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of US Dollar / Naira are:
HL: 2.5 HC: 2.4 LC: 0 OC: 0.3
US Dollar / Naira is moving towards a low expiry
US Dollar / Naira is forming a DOJI candle
Candle stick analysis of US Dollar / Naira as on 26 Fri Dec 2025 is showing a green candle, which means that the buyers are dominating this session.
Candle stick ratios of US Dollar / Naira are:
HL: 1.2 HC: 0.7 LC: 0.5 OC: 1
US Dollar / Naira is moving towards a low expiry
Candle stick analysis of US Dollar / Naira as on 28 Fri Nov 2025 is showing a green candle, which means that the buyers are dominating this session.
Candle stick ratios of US Dollar / Naira are:
HL: 1.5 HC: 0.8 LC: 0.8 OC: 1
Candle stick analysis of US Dollar / Naira as on 31 Fri Oct 2025 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of US Dollar / Naira are:
HL: 2.9 HC: 2.7 LC: 0.1 OC: 0
US Dollar / Naira is moving towards a low expiry
US Dollar / Naira is forming a DOJI candle
Candle stick analysis of US Dollar / Naira as on 26 Fri Sep 2025 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of US Dollar / Naira are:
HL: 3.1 HC: 3.1 LC: 0 OC: 0.1
US Dollar / Naira is moving towards a low expiry
US Dollar / Naira is forming a DOJI candle
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