2024-04-17 Danish Krone News
2024-04-16
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
1. Overall Trend Analysis
The dataset presents the exchange rate of the DKK over a certain period. At first glance, the data indicates a relatively stable exchange rate, with minor fluctuations. There are no drastic increases or decreases observed in the given time frame. However, there is a noticeable upward movement in the exchange rate, though it's quite mild.
2. Seasonality and Recurring Patterns
Based on the available dataset, no clear seasonal or recurring pattern emerges. The exchange rate does show small variations, but it largely remains stable across the duration recorded. While it does present some fluctuations, these seem random rather than part of a consistent pattern.
3. Outliers and Unexpected Variations
In a rough analysis of the data, there doesn't appear to be any significant outliers or unexpected variations. Most exchange rate changes are minor and don't seem out of the ordinary considering the nature of the exchange markets. Any tiny spikes or drops in the exchange rate are fairly standard, which suggests the lack of major events that could affect the DKK exchange rate during this period.
However, it's important to note that our analysis is limited and basic due to the scope of the provided data. A more detailed examination using advanced statistical methods might reveal patterns or outliers that this primary assessment might have missed.
Furthermore, external factors such as market timing, weekends/holidays, or major financial news are not considered, as per your instruction. These factors can have a significant impact on exchange rates and their not being included may limit the comprehensiveness of our analysis.
