Today's MYR to CNY Price Update

Summary

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

Definition

The Malaysian Ringgit (MYR) and Chinese Yuan (CNY) are important fiat currencies in Southeast Asia and China respectively. The exchange rate between them reflects market sentiment regarding bilateral trade flows, monetary policy divergence, and regional economic conditions.

Today’s Price

• 1 MYR = 1.76 CNY
• 24h High: 1.7656 CNY
• 24h Low: 1.7579 CNY
• Current Rate: 1.765 CNY (as of February 11, 2026)

Market Analysis

The MYR/CNY pair has been in a downtrend since late 2020, with the price declining steadily. Recent technical indicators show mixed signals in the short term.

• Technical levels: Key support identified around Fibonacci pivot point at 1.7637 CNY, with resistance levels from Woodie’s pivot points at 1.7640–1.7644 CNY
• Indicator signals: The 14-day RSI reading of 64.24 suggests neutral conditions; STOCH(9,6) shows a Sell signal at 26.894; Williams %R indicates Neutral at -48.486
• Risk note: Moving averages show a Strong Sell outlook with 12 Sell signals, indicating potential downside pressure
• Volatility: 30-day volatility stands at 1.19%, suggesting relatively stable price action

Conclusion

Continue to monitor the MYR/CNY pair closely. The long-term downtrend remains intact, while current technical indicators present mixed signals. Traders should exercise caution given the Strong Sell signals from moving averages and watch key support levels near 1.7637 CNY for potential reversal opportunities.