Ringgit hits five-year high against US dollar in holiday trade
The Malaysian ringgit extended its rally, reaching a five-year high against the US dollar, trading in a narrow range of RM4.04-RM4.05.
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Abstract:Dear community friends, as Christmas approaches, we have prepared an exciting prediction activity for everyone — Forex Price Trend Prediction! From December 9 to December 30, showcase your market insights and predict the trends of Forex and commodities for the upcoming period! This activity not only enhances your market analysis skills but also offers the chance to win generous rewards!

Become a Christmas Price Winner by predicting the fluctuations of Forex and commodities!
Dear community friends, as Christmas approaches, we have prepared an exciting prediction activity for everyone — Forex Price Trend Prediction! From December 9 to December 30, showcase your market insights and predict the trends of Forex and commodities for the upcoming period! This activity not only enhances your market analysis skills but also offers the chance to win generous rewards!
December 9, 2024 – December 30, 2024. All prediction times, result announcements, and award distributions will be based on China Standard Time (CST).
Phase 1 Prediction Period: December 9 – December 13; Result Announcement and Prize Distribution: December 16
Phase 2 Prediction Period: December 16 – December 20; Result Announcement and Prize Distribution: December 23
Phase 3 Prediction Period: December 23 – December 27; Result Announcement and Prize Distribution: December 30
Every Monday, participation statistics will be compiled from the previous week (excluding weekends) to announce the prediction results and winner lists.
Participation Rules:
Post in the [Posts] section with the tag#CurrencyPairs: Choose a currency pair from the official list that interests you and include it in your post title with the hashtag #CurrencyPairs. Predict the price trend and include your prediction of “up” or “down,” with a minimum of 20 characters. If multiple prediction posts are made on the same day, the latest successful prediction post will be considered valid.
(If your post includes your insights, it can engage more Forex enthusiasts for discussion!)
#Currency Pairs: EUR/USD
As shown in the photo:

Example Post:
#CurrencyPairs (the title must include “Currency Pairs”)
Hello everyone! I am a newcomer to Forex trading this year and appreciate your guidance. In this activity, I hope to win but also look forward to seeing more traders share their insights. I predict that the EUR/USD will decline today, based on the following reasons:
For these two reasons, I believe the Euro against the Dollar is in a downward trend. The recent short-term increases are insufficient to change the overall situation.
Result Announcement Rules:
Results will be announced on December 16, December 23, and December 30 (Beijing Time), along with rewards.
Reward Redemption:
Users who predict correctly will receive weekly rewards directly credited to their ForexPay wallet. Users should actively upload their posting records and ForexPay wallet addresses in the online form published by the official account. The earned amounts and weekly prediction results can be referenced in the records published by the official activity account [WikiFX Activity].
The final results for user predictions will be based on the content published on the day between 00:00 and 24:00 Beijing Time.
Prediction Correctness: Rewards will be distributed based on the number of correct predictions, ranked from highest to lowest.
To thank all users who participate in each phase of the event, winning users will share a total cash pool of 1,000u. The specific rewards are as follows:

Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

The Malaysian ringgit extended its rally, reaching a five-year high against the US dollar, trading in a narrow range of RM4.04-RM4.05.

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