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Forex Trend Analysis Report
Prepared for you on Friday, May 30, 2025.
Malaysian Ringt/Hong Kong Dollar (FOREX:MYRHKD)
Long-Term Uptrend (+90) - MYRHKD is in a strong uptrend that is likely to continue. While MYRHKD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid MYRHKD?
MarketClub looks at technical strength and momentum to determine if the timing is right for MYRHKD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MYRHKD
The long-term trend has been UP since Apr 30th, 2025 at 1.8026449
The intermediate-term trend has been UP since Apr 29th, 2025 at 1.7992439
The short-term trend has been UP since May 29th, 2025 at 1.8636780
Smart Scan Analysis for MYRHKD
Based on our trend formula, MYRHKD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.8587308 | 1.8601274 | 1.8413920 | 1.8468083 | -0.0119230 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.8587308 | 2025-05-30 17:03:29 |