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Forex Trend Analysis Report
Prepared for you on Saturday, August 30, 2025.
Hong Kong Dollar/Malaysian Ringt (FOREX:HKDMYR)
Sidelines Mode (-55) - HKDMYR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid HKDMYR?
MarketClub looks at technical strength and momentum to determine if the timing is right for HKDMYR.
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 HKDMYR
The long-term trend has been DOWN since Apr 28th, 2025 at 0.56127534
The intermediate-term trend has been DOWN since Aug 13th, 2025 at 0.53683854
The short-term trend has been UP since Aug 26th, 2025 at 0.54115529
Smart Scan Analysis for HKDMYR
Based on our trend formula, HKDMYR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.54127175 | 0.54217370 | 0.54122139 | 0.54204158 | +0.00077000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.54127175 | 2025-08-29 14:48:13 |