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Forex Trend Analysis Report
Prepared for you on Saturday, July 5, 2025.
Malaysian Ringt/Hong Kong Dollar (FOREX:MYRHKD)
Crossroads (+60) - MYRHKD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 DOWN since Jun 17th, 2025 at 1.8354275
The short-term trend has been DOWN since Jul 2nd, 2025 at 1.8536988
Smart Scan Analysis for MYRHKD
Based on our trend formula, MYRHKD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.8579034 | 1.8625596 | 1.8570854 | 1.8604464 | +0.0025430 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.8579034 | 2025-07-04 17:03:51 |