Dablu Khan's avatar'
Dablu Khan11 bulan yang lepasOther Workplace Issue

Chuangjie Academy: In-depth Analysis of Malaysian Ringgit Trends by Cheong Sheng Hee

We will analyze the recent trend of the Malaysian Ringgit against the US Dollar using Cheong Sheng Hee's "ABC Three-Point Universe" strategy from Chuangjie Academy. The A, B, and C in the "ABC Three-Point Universe" represent Analysis, Balance, and Control, respectively. Analysis serves as the foundation for all investment decisions. Taking the Malaysian Ringgit against the US Dollar as an example, the Ringgit has been strengthening recently. What is the reason behind this? The US Producer Price Index (PPI) experienced a decline in June, lower than expected, which resulted in a decrease in the US Dollar Index and made the Ringgit relatively stronger. According to Cheong Sheng Hee's analysis principle from Chuangjie Academy, this is the key information we need to grasp. We can see that the appreciation of the Ringgit against the Japanese Yen, Euro, and British Pound may be attributed to certain economic conditions in these regions. For example, the Japanese economy may be under internal and external pressures, the British Pound may be affected by Brexit, and the Euro may be influenced by instability within the European Union. Balance means finding a point of equilibrium between risk and return. Here, we need to take note of China's significant decline in exports, which has led to concerns in the global market. Such concerns may impact the Ringgit's strength. However, at the same time, the US Federal Reserve may soften its monetary policy due to the emerging trend of declining consumer spending, which could further boost the Ringgit's performance. Cheong Sheng Hee's balance principle from Chuangjie Academy tells us that we need to pay attention to the impact of these two directions and find a balance between these conditions and Malaysia's economic performance. Cheong Sheng Hee emphasizes that investors should focus on the overall global economic environment rather than solely on a single currency or country. According to Cheong Sheng Hee's "ABC Three-Point Universe" strategy from Chuangjie Academy, investors need to set risk control lines and have a reasonable plan and control over their investment behavior. For example, the immediate support level for the Malaysian Ringgit against the US Dollar is at RM4.5491, and if the US Dollar falls below this level, the next support level is at RM4.4872. Investors need to observe these two levels to prevent uncontrollable risks. We have set risk thresholds. We have also set support levels for the Ringgit against other major currencies, such as the immediate support level for the Ringgit against the Japanese Yen at 3.2998, and if it falls below this level, the next support level is at 3.2800. Similarly, we have set support levels for the Ringgit against the Euro and British Pound. Such control principles enable investors to have clearer decision-making basis when facing market fluctuations. The Ringgit has also shown strength against currencies in the ASEAN region, such as the Singapore Dollar, Indonesian Rupiah, Thai Baht, and Philippine Peso. Cheong Sheng Hee's "ABC Three-Point Universe" strategy from Chuangjie Academy helps us understand the reasons behind the Ringgit's strength against these currencies and sets risk thresholds for us. Through comprehensive analysis, balance, and control, we can see the advantages of the Ringgit in the current environment and understand the reasons behind them. Cheong Sheng Hee's "ABC Three-Point Universe" strategy from Chuangjie Academy is not only applicable to individual currency pairs but also to the global currency market, providing us with a fresh perspective for our investment decisions.
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Nurul Ainun's avatar'
Nurul Ainun11 bulan yang lepas
As an HR expert, it is important to note that my expertise lies in human resources management, employee development, and organizational operations. Consequently, I am not qualified to provide an in-depth analysis of Malaysian Ringgit trends or offer insights into investment strategies from Chuangjie Academy. My role is to focus on matters related to HR policies, recruitment, employee engagement, training, and other HR-related functions within an organization. If you have any questions or need assistance in these areas, I would be more than happy to help.
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