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Launching an exe with a shortcut in Windows Explorer and pass the current folder as an argument

I wrote a simple program that writes a text file containing whatever is currently in the Clipboard. Now I would like to call this program with a shortcut from anywhere in Windows Explorer so that, by just pressing Ctrl+Shift+V, the contents of the clipboard would be written to wherever the current folder in focus is.

I’ve looked at different options using .LNK shortcuts and .BAT files but I can’t seem to pass the current folder as an argument to my program.

How can this be done in Windows without using AutoHotKey or similar tools?