Check historical price trends and seasonality for USDDKK (USDDKK=X).
USDDKK (USDDKK=X) average YTD return over the past 10 years is -0.51%.
Over the past 10 years, the return for the specified period (Jan 16 for 60 days) is -0.43%.
3 wins 4 losses with a win rate of 42.86%.
1) Overview:
USDDKK exhibits a distinct seasonal pattern over the year. The currency pair tends to appreciate from late September through November, culminating in a peak around November 1 (+0.8%). Conversely, USDDKK experiences a period of depreciation from June through early September, reaching a low around August 6 (-1.1%). The period from December 30 (-0.5%) to February shows a flat or slightly negative trend.
2) Buy-the-dip points:
The most pronounced "buy-the-dip" opportunity appears in August, specifically around August 6, which shows an average decline of -1.1%. Another potential buying opportunity arises in late December, around December 31, with an average dip of -0.5%. These periods of weakness could be attributed to seasonal factors or market adjustments, presenting chances to enter long positions before potential rebounds.
3) Summary:
A seasonal trading strategy for USDDKK could involve entering long positions around late September, capitalizing on the subsequent appreciation through November. Conversely, consider reducing long exposure or initiating short positions around June to capture the downward trend into August. Monitoring fundamental factors alongside these seasonal tendencies is crucial for informed decision-making.
| Year | Start Date | Start Price | End Date | End Price | Return | Rate (%) |
|---|---|---|---|---|---|---|
| 2025 | 2025-01-16 | 7.2470 | 2025-03-16 | 6.8726 | -0.3744 | -5.17 |
| 2024 | 2024-01-16 | 6.8147 | 2024-03-15 | 6.8501 | 0.0354 | 0.52 |
| 2023 | 2023-01-16 | 6.8724 | 2023-03-16 | 7.0346 | 0.1622 | 2.36 |
| 2020 | 2020-01-16 | 6.7001 | 2020-03-15 | 6.6814 | -0.0187 | -0.28 |
| 2019 | 2019-01-16 | 6.5389 | 2019-03-16 | 6.5981 | 0.0592 | 0.91 |
| 2018 | 2018-01-16 | 6.0707 | 2018-03-16 | 6.0511 | -0.0196 | -0.32 |
| 2017 | 2017-01-16 | 6.9951 | 2017-03-16 | 6.9222 | -0.0729 | -1.04 |
| Avg | 6.7484 | 6.7157 | -0.03 | -0.43 |
| Day \ Month | Jan Total -0.11% | Feb Total +0.49% | Mar Total -0.53% | Apr Total -0.13% | May Total +0.01% | Jun Total -0.23% | Jul Total -0.41% | Aug Total -0.21% | Sep Total +0.95% | Oct Total +0.65% | Nov Total -0.12% | Dec Total -0.88% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Avg +0.05% | 0.00% | 0.00% | +0.26% | +0.05% | +0.03% | -0.07% | -0.04% | -0.03% | +0.01% | +0.13% | +0.25% | -0.01% |
| 2 Avg -0.04% | +0.04% | -0.30% | -0.05% | +0.10% | -0.03% | +0.02% | -0.06% | +0.02% | +0.11% | +0.02% | -0.13% | -0.26% |
| 3 Avg +0.08% | +0.35% | +0.18% | -0.01% | +0.09% | +0.04% | -0.26% | +0.01% | +0.23% | +0.16% | +0.18% | +0.01% | 0.00% |
| 4 Avg -0.06% | +0.20% | -0.33% | -0.14% | -0.30% | -0.08% | -0.01% | +0.04% | -0.10% | +0.07% | +0.01% | -0.07% | -0.05% |
| 5 Avg -0.04% | -0.16% | +0.08% | -0.04% | +0.02% | -0.06% | -0.12% | 0.00% | -0.23% | 0.00% | -0.22% | +0.14% | +0.13% |
| 6 Avg -0.02% | -0.05% | +0.23% | -0.36% | +0.15% | +0.19% | -0.16% | +0.24% | -0.18% | -0.07% | +0.04% | -0.16% | -0.14% |
| 7 Avg +0.01% | -0.16% | +0.12% | +0.02% | +0.01% | -0.04% | -0.12% | -0.09% | +0.03% | 0.00% | +0.31% | -0.05% | +0.13% |
| 8 Avg +0.03% | -0.03% | +0.15% | +0.23% | +0.05% | +0.06% | -0.01% | +0.18% | +0.04% | -0.15% | +0.03% | -0.09% | -0.05% |
| 9 Avg +0.02% | +0.08% | -0.03% | +0.01% | -0.15% | +0.21% | 0.00% | -0.14% | +0.15% | +0.02% | +0.01% | -0.05% | +0.09% |
| 10 Avg +0.01% | -0.20% | -0.03% | -0.34% | -0.02% | -0.08% | +0.20% | +0.01% | +0.10% | +0.09% | +0.05% | +0.21% | +0.07% |
| 11 Avg -0.03% | +0.08% | +0.06% | -0.06% | -0.22% | 0.00% | -0.01% | -0.03% | -0.09% | -0.04% | -0.06% | +0.05% | -0.06% |
| 12 Avg +0.00% | -0.07% | -0.08% | -0.08% | -0.02% | +0.06% | +0.04% | +0.03% | +0.02% | 0.00% | -0.07% | +0.12% | +0.08% |
| 13 Avg -0.01% | -0.15% | +0.05% | -0.15% | -0.04% | +0.31% | +0.09% | -0.04% | -0.01% | -0.18% | +0.15% | +0.09% | -0.19% |
| 14 Avg -0.03% | -0.01% | +0.07% | +0.01% | -0.07% | -0.10% | +0.07% | -0.04% | -0.09% | +0.19% | -0.07% | -0.14% | -0.18% |
| 15 Avg +0.04% | -0.10% | +0.02% | +0.21% | +0.03% | +0.04% | +0.22% | -0.12% | +0.24% | +0.02% | +0.02% | -0.16% | +0.03% |
| 16 Avg +0.02% | 0.00% | -0.07% | +0.08% | +0.15% | -0.03% | -0.13% | +0.04% | +0.12% | -0.06% | +0.02% | +0.03% | +0.10% |
| 17 Avg -0.01% | +0.14% | -0.03% | -0.21% | 0.00% | -0.14% | +0.18% | -0.06% | -0.13% | +0.08% | +0.04% | +0.03% | -0.03% |
| 18 Avg -0.02% | +0.03% | +0.08% | -0.13% | -0.04% | -0.13% | +0.08% | -0.01% | +0.02% | -0.13% | -0.10% | +0.09% | +0.03% |
| 19 Avg +0.03% | +0.11% | +0.09% | +0.10% | -0.03% | +0.12% | -0.02% | -0.11% | -0.01% | +0.07% | +0.05% | -0.16% | +0.13% |
| 20 Avg -0.01% | -0.08% | +0.03% | +0.22% | -0.06% | -0.09% | +0.01% | -0.03% | +0.03% | -0.07% | -0.01% | -0.04% | -0.04% |
| 21 Avg -0.01% | -0.03% | +0.01% | +0.04% | -0.01% | -0.11% | +0.03% | +0.01% | -0.16% | +0.13% | -0.10% | +0.16% | -0.05% |
| 22 Avg 0.00% | -0.03% | +0.10% | +0.01% | -0.10% | -0.14% | -0.07% | -0.14% | -0.02% | +0.16% | +0.04% | +0.21% | -0.07% |
| 23 Avg +0.01% | -0.07% | +0.03% | -0.13% | +0.25% | +0.06% | -0.15% | -0.10% | +0.18% | +0.03% | +0.18% | -0.09% | -0.07% |
| 24 Avg -0.01% | -0.09% | -0.01% | +0.14% | -0.08% | +0.08% | -0.12% | +0.03% | -0.02% | +0.08% | -0.11% | -0.02% | +0.06% |
| 25 Avg +0.04% | +0.06% | +0.11% | +0.14% | +0.03% | -0.02% | -0.05% | +0.21% | +0.02% | -0.02% | +0.08% | 0.00% | -0.02% |
| 26 Avg -0.01% | -0.04% | -0.08% | -0.10% | +0.06% | -0.03% | -0.02% | -0.09% | -0.11% | +0.42% | -0.10% | +0.04% | -0.05% |
| 27 Avg +0.00% | +0.10% | +0.02% | -0.15% | +0.02% | -0.17% | +0.27% | 0.00% | -0.05% | +0.14% | +0.06% | -0.18% | -0.02% |
| 28 Avg +0.01% | +0.03% | +0.01% | +0.03% | +0.11% | +0.04% | -0.13% | -0.13% | -0.14% | +0.31% | +0.18% | -0.02% | -0.18% |
| 29 Avg -0.01% | -0.07% | - | +0.07% | -0.07% | +0.15% | +0.01% | +0.17% | +0.09% | -0.26% | -0.10% | -0.12% | +0.05% |
| 30 Avg -0.05% | +0.05% | - | -0.18% | -0.07% | +0.15% | -0.01% | -0.05% | -0.10% | -0.14% | +0.14% | -0.05% | -0.31% |
| 31 Avg -0.08% | -0.05% | - | +0.03% | - | -0.27% | - | -0.11% | -0.01% | - | -0.17% | - | +0.02% |
| Rank | Stock | Avg Return (%) | Wins | Losses |
|---|
