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Forex Trend Analysis Report

Prepared for you on Monday, March 31, 2025.

Malaysian Ringt/Hong Kong Dollar (FOREX:MYRHKD)

Weak Downtrend (-65) - MYRHKD is showing signs of a strengthening downtrend. Monitor MYRHKD as it may be building momentum to the downside.

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.

FOREX_MYRHKD
Open High Low MYRHKD Price Change
1.7639992 1.7665320 1.7484076 1.7544759 -0.0095230
Entry Signal

MarketClub’s Trade Triangles for MYRHKD

long term down The long-term trend has been DOWN since Jan 13th, 2025 at 1.7111200

intermediate term up The intermediate-term trend has been UP since Jan 20th, 2025 at 1.7451208

short term down The short-term trend has been DOWN since Mar 31st, 2025 at 1.7493473

Smart Scan Analysis for MYRHKD

Based on our trend formula, MYRHKD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for MYRHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7639992 1.7665320 1.7484076 1.7544759 -0.0095230
Prev. Close Volume Bid Ask Time
1.7639992 2025-03-31 17:05:23
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