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Forex Trend Analysis Report
Prepared for you on Tuesday, July 1, 2025.
Hong Kong Dollar/Malaysian Ringt (FOREX:HKDMYR)
Long-Term Downtrend (-90) - HKDMYR is in a strong downtrend that is likely to continue. While HKDMYR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 Jun 26th, 2025 at 0.53732823
The short-term trend has been DOWN since Jun 24th, 2025 at 0.54146945
Smart Scan Analysis for HKDMYR
Based on our trend formula, HKDMYR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.53388773 | 0.53446268 | 0.53388773 | 0.53439831 | +0.00051100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.53388773 | 2025-07-01 05:20:58 |