The player begins each stage as his or her character's civilian persona. The player can fill up a "Morphing meter" next to their life gauge by picking up thunderbolt-shaped items (whether by small ones or morphing sign bolts). These objects are dropped by enemies and can also be used to perform a special attack when the character is morphed or not. When Morphed, the Ranger gains a powered up kick as well as his or her signature weapon, the latter can be used in a special attack to deal great damage to a boss, or defeat weaker enemies and severally weakened bosses by pressing the special attack button. Once the Morphin' meter is filled, the player can press the special attack button to morph; an animated sequence begins showing the rangers morphing in a digitized video (based on the Season 2's transformation without showing the Red Ranger helmet configuring at the end). The method also occurs automatically after the player goes throughout the mission in civilian mode encountering the boss triggering the morph sequence (regardless of how much energy of the morphin' meter is filled up). A Special code made for the game can have the players begin the stages as the morphed Rangers instead of their civilian persona.

The game consists of seven stages. The player fights against Lord Zedd's Putty Patrol until reaching the end of stage boss. The first five bosses are all monsters from the TV show's second season, while the sixth one is an original creation for the game. The final boss is Ivan Ooze, the film's antagonist. Unlike the first game, there are no Megazord battles in this version, although the Ninja Megazord from the film (and the show's third season) makes an appearance during the ending sequence.

The four reviewers of Electronic Gaming Monthly considered the game a mediocre Final Fight clone which has decent graphics but suffers from a lack of variety of both moves and enemies. They scored it a 5.875 out of 10.[4] In contrast, GamePro commented "With better gameplay, better Ranger graphics, and two-player simultaneous action, this sequel's perfect for fanatic fans and a fun once-through for other gamers." They particularly praised the multi-plane action, the simultaneous two player mode, and the accessible difficulty and controls.