You have a couple options. I don't like displaying hyperlinks (the actual path). So, I would hide that control and place something else there. Maybe a button or even a text box. You may have a text box that represents what the hyperlink is for/to. Like a file name or file description that the User is familiar with.
What you can do is....
In the click event, assign a string variable the hyperlink value. The hyperlink is the textbox so you just make your string = textbox. Then assign the string variable to the control with the click event.
Code:
Dim strLink As String
strLink = Me.ControlWithPath.Value
Me.ControlName.HyperlinkAddress = strLink
THis will work in a continuous form because the act of the user clicking a control will set focus on that record.