Today's MYR to KRW Price Update

MevTears · 2026-01-30T05:00:19+00:00

This report analyzes the exchange rate between the Malaysian Ringgit (MYR) and South Korean Won (KRW), highlighting a strong bullish sentiment and potential trading opportunities despite current overbought conditions.

MevTears

2026-01-30 05:00:19

Abstract generation in progress

Summary

This report provides the real-time exchange rate between the Malaysian Ringgit (MYR) and South Korean Won (KRW), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The Malaysian Ringgit (MYR) and South Korean Won (KRW) are important fiat currencies in their respective Asian economies. The exchange rate between them reflects market sentiment toward both currencies and serves as a key indicator for regional trade and investment flows.

Today’s Price

1 MYR = 364.55 KRW (as of 2026-01-30)
24h High: 365.91 KRW
24h Low: 363.86 KRW

Market Analysis

Recent technical analysis of the MYR/KRW pair shows a strong bullish sentiment, with moving averages indicating a Strong Buy outlook across multiple timeframes (MA5 to MA200), generating 12 Buy signals and 0 Sell signals. The 14-day Relative Strength Index (RSI) stands at 72.04, suggesting overbought conditions and a Buy signal for the pair.

Technical outlook: Strong Buy signals from moving average analysis with positive momentum
Risk note: Elevated RSI levels at 72.04 may indicate potential short-term pullback or consolidation
Trading opportunities: Monitor for continuation of bullish trends or potential entry points during minor pullbacks

Conclusion

Continue to monitor the MYR/KRW pair closely, integrating technical indicators with market sentiment. Traders should remain alert to potential profit-taking opportunities given the current overbought conditions while maintaining awareness of the strong bullish technical setup.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.