Honestly besides the fact that a Nephalem is naturally superior to humans, it seems to me that a Transcendent Nephalem Is a lot more OP compared to a Transcendent Human. So in my opinion the Nephalem would win. That is of course unless the transcendent human has acquired some kind of power thanks to some kind of Almighty object or Almighty being that would allow the human to trample over the Transcendent Nephalem.