USD/NGN Prognosis: down to 0.00 US-Dollar to Nigerian Naira Converter, Analysis, Prediction Forex Forecast

CURRENCY

Exchange rate (USD - NGN) forecast for Mon 21 Aug 2023 rate 777.60 NGN

USD/NGN Forecast, US-Dollar to Nigerian Naira foreign exchange rate prediction. Short-term (time horizon: 1 day) USD to NGN Forex (FX) prognosis for 2023-08-21 with daily FX rate projections. Custom value / amount input USD <-> NGN to simplify statistical analysis

Key Facts

Symbol USDNGN 

Exchange rate USD - Nigerian Naira

Forecast price change %

Exchange amount

Calculate custom amount exchange

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= next week trend = two weeks trend =
10 USD = next week trend = two weeks trend =
100 USD = next week trend = two weeks trend =
0.1 USD = next week trend = two weeks trend =
0.01 USD = next week trend = two weeks trend =
= next week trend = two weeks trend =
10 NGN = next week trend = two weeks trend =
100 NGN = next week trend = two weeks trend =
0.1 NGN = next week trend = two weeks trend =
0.01 NGN = next week trend = two weeks trend =

On our site we made daily predictions for finance products based on statistical analysis. You can export / download forecasted data as CSV file, no login required. The information can be used for day trading.

Candlestick patterns

Candlestick patterns can be used as additional information for price prediction. Following list show which pattern applies on latest price information.

Bollinger Bollinger Bands for Nigerian Naira can provide the information where the market is moving based on price information.

Converting prices to returns Nigerian Naira.

On-Balance Volume information for Nigerian Naira. On-Balance Volume information can be an indicator for bullish or bearish outcome.

Accumulation / Distribution (A/D) indicator information for Nigerian Naira. The indicator identify divergences between price and volume flow.

Aroon Oscillator information for Nigerian Naira. The trend-following indicator can show the strengh of a current trend and likelihood that trend can continue.

Average Directional Index (ADX) information for Nigerian Naira. The index can be used to identify the strengh of a trend.

Moving Average Convergence Divergence (MACD) for Nigerian Naira. The indicator helps to predict trend direction and the momentum of the trend.

Stochastic Oscillator as momentum indicator for Nigerian Naira. The indicator is useful for identifying overbought and oversold levels.

Relative Strength Index (RSI) for Nigerian Naira. RSI is a momentum oscillator that measures the speed and change of price development. The momentum indicator was created by analyst Welles Wilder. The result compares recent gains and losses over restricted time period. Primary usage of the indicator is to identify overbought or oversold signals. When RSI indicator reaches a value of 70 it could mean that speculators should consider selling, suggests Wilder and Chong. Or vice versa when selling excess at which the RSI Indicators show a value of 30 [ Relative Strength Index for Developing Effective Trading Strategies in Constructing Optimal Portfolio ].

Heikin Ashi trading signals are generated based on the Heikin Ashi candles, which are a type of candlestick that smooths out the price action and can help to identify trends. Heikin Ashi signals can be used to identify both long and short trading opportunities.

The awesome oscillator is a momentum indicator that measures the speed and strength of price movements. It is calculated by subtracting a 34-period simple moving average (SMA) from a 5-period SMA.

The Parabolic SAR indicator is a trend-following indicator that uses a series of dots to indicate when a trend is likely to reverse. The Parabolic SAR is a lagging indicator, meaning that it does not predict reversals, but rather confirms them after they have already occurred.

52W High 52W Low Market Cap

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Figure below show the currency predictions.
Date Closing price Prediction was updated
Table bellow show Bot decisions related with product
Decision Date Chart Link/Currancy Name Bot Decision Money # Of Units Portfolio Value
2019-06-12 20:00:00.035662 Nigerian Naira sell 1101.59 0 1101.59
2019-06-11 20:00:00.150596 Nigerian Naira buy 0.00 396573 142766147.80
2020-08-15 20:00:00.043426 Nigerian Naira buy 0.00 1703220 657835262.98
2020-08-16 20:00:00.013959 Nigerian Naira sell 4409.85 0 4409.85

The forecast (dashed curve) of the share price performance is based on historical data. Our forecast model is based on mathematical, statistical methods. The website offers price forecasts and analysis tools for equities and other securities, which are exclusively based on the prices of these securities in the past. Information about these prices is provided to us by third parties. Although we believe, If we believe that our sources are reliable, we cannot guarantee the accuracy, completeness, timeliness and correct sequencing of this information. We do not investigate the issuers of the securities to which our forecasts relate, nor do we consider any financial data or other data of such issuers with the exception of the past prices of the securities. Therefore, our forecasts do not constitute an analysis of other commercial or financial factors or circumstances, that may be relevant for future security price flows. Investments require additional considerations. Our forecasts cannot reflect the specific situation. Experience and risk profile of an individual investor or the tax implications an investment may have for the investor. Although we believe that our mathematical models are a tool to try to explore the possibility for future price development with the help of past performance, such developments are subject to a multitude of different influences. and therefore not really predictable. We cannot guarantee the success of any investment you make based on the information published here. This website is for information purposes only. All information and data on this website cannot be guaranteed to be accurate, accuracy, completeness and appropriateness - neither explicit nor implicit.