Denmark (DKK, Krone) Currency FX Analysis
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Denmark SWOT Statistics
Currency Strength Survey
Denmark is a mixed economy with very few natural resources. The service sector provides most of the employment and GDP. It is a very industrialized market economy that relies heavily on trade and their highly trained human resource. The Danish market features high-tech agricultural and industry sectors with world-leading firms in pharmaceuticals, maritime shipping and renewable energy. Denmark produces oil, natural gas, wind- and bio-energy and its main exports include machinery, instruments and food products.
Krone Currency Analysis Update
Denmark (DKK) has a highly productive, capitalist economy and above average European living standards. Denmark's Fundamental Currency Analysis (short term investment): Denmark is very overvalued according to the purchase price parity. Investment flows, interest rate parity and inflation rate parity also point to an overvalued currency. Denmark's Value Investor Survey (short term investment): the economic environment is very favorable for long term economic growth due to high scores on economic freedom, diversity, and government transparency. Denmark's Currency Trading Strategy: An overvalued currency, low investment flow potential, but favorable business environment leads to a neutral outlook for Denmark’s investments