MYR/DKK - Malaysian Ringgit Danish Krone

Real-time FX

	Symbol	Exchange	Currency

1.5674

-0.0031(-0.19%)

21/01-Closed.

Currency in DKK

MYR/DKK Overview

What is your sentiment on MYR/DKK?

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Type	5 Min	15 Min	Hourly	Daily	Monthly
Moving Averages	Strong Sell	Strong Sell	Sell	Strong Buy	Buy
Technical Indicators	Sell	Buy	Sell	Strong Buy	Strong Buy
Summary	Strong Sell	Neutral	Sell	Strong Buy	Strong Buy

Pattern		Timeframe	Candles Ago	Candle Time
Completed Patterns
	Engulfing Bullish	15	29	Jan 21, 2022 15:30
Indication Bullish reversal Reliability Medium Description During a downtrend, the Bullish Engulfing depicts an opening at a new low and closes at or above the previous candle's open. This signifies that the downtrend has lost momentum and the bulls may be gaining strength. Factors increasing the pattern's effectiveness are: 1) The first candlestick has a small real body and the second has a large real body. 2) Pattern appears after protracted or very fast move. 3) Heavy volume on second real body. 4) The second candlestick engulfs more than one real body.
	Morning Star	1M	52	Sep 17
Indication Bullish reversal Reliability High Description During a downtrend, the market strengthens the bearish trend with a long black candlestick. The second candlestick trades within a small range and closes at or near its open. This scenario generally shows the potential for a rally, as many positions have been changed. Confirmation of the reversal is given by the white third candlestick. The stronger the white third body the more significant the pattern is.

Time 23 Jan 2022, 05:37 (GMT +1:00)

Time	Cur.	Imp.	Event	Actual	Forecast	Previous
Mon, 24 January 2022
08:00	MYR		FX Reserves USD			116.90B

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