If it has pink blazes, it's the Batona Trail...if not then it's something else. I'm not sure what the second trail could be. The Batona continues closer to 72, joins the Cranberry Trail (red blaze), follows it to the end then turns right toward Pakim Pond.
Sorry TO, but I forgot to mention that the two trails are both shown on the Batona trail map. The one that goes towards Presidential Lakes is a red dashed line instead of the solid red line along 72.