Check historical price trends and seasonality for EURCAD (EURCAD=X).
EURCAD (EURCAD=X) average YTD return over the past 10 years is +1.01%.
Over the past 10 years, the return for the specified period (Jan 18 for 60 days) is -0.44%.
4 wins 4 losses with a win rate of 50.00%.
1) Overview:
EURCAD exhibits a generally bearish tendency from the start of the year, reaching a low around February 25 with an average decline of -1.0%. A bullish phase then emerges, starting in early March and peaking around March 13 with an average gain of +0.8%. The currency pair then experiences a period of consolidation and slight bearishness through the rest of the year, before showing a bullish tendency towards the end of December, culminating on December 31 with an average gain of +0.7%.
2) Buy-the-dip points:
The most significant pullback period occurs in February, with the lowest point around February 25 (-1.0%), presenting a potential buying opportunity before the bullish reversal in March. Another, albeit smaller, potential buying opportunity arises in the late summer and early fall, as the currency pair experiences a period of slight bearishness before the end-of-year rally. The rebound typically starts in early March, offering a chance to capitalize on the upward trend.
3) Summary:
Based on the 10-year average seasonality, a potential investment strategy for EURCAD involves entering a long position around late February to capitalize on the subsequent bullish trend in March. Consider exiting this position around mid-March to secure profits. Another potential entry point is in late December, aiming to capture the year-end rally.
| Year | Start Date | Start Price | End Date | End Price | Return | Rate (%) |
|---|---|---|---|---|---|---|
| 2024 | 2024-01-18 | 1.4697 | 2024-03-17 | 1.4733 | 0.0036 | 0.24 |
| 2023 | 2023-01-18 | 1.4447 | 2023-03-18 | 1.4560 | 0.0113 | 0.78 |
| 2022 | 2022-01-18 | 1.4281 | 2022-03-18 | 1.4020 | -0.0261 | -1.83 |
| 2021 | 2021-01-18 | 1.5404 | 2021-03-18 | 1.4847 | -0.0557 | -3.62 |
| 2019 | 2019-01-18 | 1.5128 | 2019-03-18 | 1.5098 | -0.0030 | -0.20 |
| 2018 | 2018-01-18 | 1.5153 | 2018-03-18 | 1.6059 | 0.0906 | 5.98 |
| 2017 | 2017-01-18 | 1.3971 | 2017-03-18 | 1.4351 | 0.0380 | 2.72 |
| 2016 | 2016-01-18 | 1.5919 | 2016-03-17 | 1.4717 | -0.1202 | -7.55 |
| Avg | 1.4875 | 1.4798 | -0.01 | -0.44 |
| Day \ Month | Jan Total -0.04% | Feb Total -0.23% | Mar Total +0.84% | Apr Total -0.39% | May Total 0.00% | Jun Total -0.19% | Jul Total +0.08% | Aug Total +0.38% | Sep Total -0.08% | Oct Total +0.07% | Nov Total +0.37% | Dec Total +0.35% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Avg -0.09% | 0.00% | -0.21% | -0.04% | -0.16% | +0.01% | +0.11% | -0.10% | -0.01% | -0.12% | -0.37% | -0.05% | -0.12% |
| 2 Avg +0.03% | -0.13% | +0.21% | -0.03% | -0.12% | +0.12% | -0.26% | +0.13% | +0.21% | -0.06% | 0.00% | +0.06% | +0.21% |
| 3 Avg -0.06% | -0.31% | +0.06% | -0.08% | -0.15% | +0.06% | +0.05% | -0.12% | -0.08% | -0.13% | +0.10% | -0.12% | 0.00% |
| 4 Avg +0.03% | +0.04% | -0.05% | +0.32% | +0.14% | +0.31% | +0.02% | -0.16% | +0.01% | +0.07% | -0.10% | -0.04% | -0.23% |
| 5 Avg +0.00% | -0.05% | +0.06% | +0.06% | -0.02% | +0.01% | +0.07% | -0.23% | +0.12% | -0.08% | +0.22% | -0.03% | -0.13% |
| 6 Avg +0.07% | +0.07% | -0.04% | +0.44% | 0.00% | -0.16% | +0.10% | +0.07% | +0.07% | -0.01% | +0.03% | 0.00% | +0.29% |
| 7 Avg -0.02% | +0.02% | 0.00% | -0.06% | +0.08% | -0.05% | -0.14% | +0.24% | +0.09% | -0.20% | -0.14% | -0.04% | -0.08% |
| 8 Avg -0.02% | 0.00% | -0.02% | -0.19% | +0.03% | -0.23% | -0.09% | -0.05% | +0.20% | +0.22% | -0.05% | +0.05% | -0.08% |
| 9 Avg +0.02% | -0.16% | +0.09% | +0.44% | +0.05% | +0.06% | -0.02% | +0.09% | -0.24% | +0.10% | -0.07% | -0.09% | +0.02% |
| 10 Avg 0.00% | +0.16% | -0.02% | +0.24% | -0.15% | +0.04% | +0.01% | -0.06% | -0.01% | -0.13% | +0.01% | -0.08% | -0.06% |
| 11 Avg +0.00% | +0.14% | -0.02% | +0.19% | -0.08% | -0.14% | -0.04% | 0.00% | -0.05% | +0.08% | +0.02% | -0.03% | -0.02% |
| 12 Avg -0.02% | 0.00% | +0.05% | -0.05% | -0.01% | +0.03% | +0.07% | +0.03% | -0.11% | -0.10% | +0.01% | +0.03% | -0.17% |
| 13 Avg -0.01% | +0.03% | -0.20% | +0.15% | -0.13% | -0.22% | -0.07% | -0.14% | +0.06% | +0.16% | -0.03% | +0.02% | +0.20% |
| 14 Avg +0.02% | +0.05% | -0.08% | -0.06% | -0.09% | +0.15% | -0.02% | -0.03% | -0.05% | +0.02% | -0.04% | +0.23% | +0.12% |
| 15 Avg +0.00% | +0.03% | -0.15% | -0.10% | +0.04% | 0.00% | -0.05% | +0.15% | -0.12% | +0.01% | -0.03% | +0.17% | +0.05% |
| 16 Avg -0.04% | -0.06% | -0.02% | -0.17% | +0.15% | -0.12% | 0.00% | -0.02% | +0.08% | +0.01% | -0.04% | -0.23% | -0.03% |
| 17 Avg +0.02% | +0.02% | +0.13% | +0.05% | -0.13% | -0.04% | +0.02% | +0.11% | +0.05% | -0.01% | -0.06% | +0.04% | +0.04% |
| 18 Avg +0.08% | +0.15% | -0.25% | +0.08% | +0.14% | +0.13% | +0.13% | +0.07% | +0.10% | +0.19% | +0.03% | +0.05% | +0.08% |
| 19 Avg +0.00% | +0.04% | +0.02% | +0.15% | -0.05% | -0.04% | -0.03% | 0.00% | -0.13% | +0.01% | -0.01% | +0.03% | +0.02% |
| 20 Avg +0.07% | +0.17% | 0.00% | -0.16% | +0.18% | +0.13% | -0.05% | +0.15% | +0.13% | -0.01% | +0.05% | +0.12% | +0.07% |
| 21 Avg 0.00% | -0.24% | +0.05% | -0.15% | +0.01% | +0.03% | -0.01% | -0.06% | +0.02% | +0.08% | +0.10% | +0.04% | +0.08% |
| 22 Avg 0.00% | -0.01% | +0.03% | +0.05% | +0.16% | -0.01% | -0.01% | -0.02% | +0.10% | -0.07% | +0.01% | -0.32% | +0.03% |
| 23 Avg -0.02% | +0.13% | -0.05% | +0.07% | -0.22% | +0.05% | 0.00% | +0.02% | -0.10% | -0.04% | -0.10% | -0.02% | +0.07% |
| 24 Avg +0.02% | +0.01% | +0.01% | +0.06% | +0.16% | +0.01% | +0.21% | +0.01% | -0.17% | -0.13% | +0.09% | +0.06% | -0.09% |
| 25 Avg -0.03% | -0.09% | -0.17% | -0.09% | +0.13% | +0.06% | +0.08% | -0.16% | -0.04% | -0.01% | 0.00% | -0.10% | -0.03% |
| 26 Avg +0.02% | +0.08% | +0.05% | -0.15% | 0.00% | -0.04% | +0.05% | +0.05% | -0.01% | -0.16% | +0.22% | +0.11% | +0.02% |
| 27 Avg -0.04% | -0.23% | +0.12% | -0.01% | +0.02% | -0.07% | -0.28% | -0.04% | -0.06% | +0.11% | +0.03% | +0.06% | -0.07% |
| 28 Avg +0.03% | +0.05% | +0.17% | +0.03% | -0.19% | -0.01% | +0.09% | +0.19% | +0.03% | -0.22% | -0.16% | +0.13% | +0.17% |
| 29 Avg -0.03% | -0.03% | - | -0.17% | -0.13% | -0.10% | -0.09% | -0.16% | +0.11% | +0.07% | +0.14% | +0.12% | -0.05% |
| 30 Avg +0.04% | -0.01% | - | 0.00% | -0.06% | -0.06% | -0.03% | +0.01% | -0.07% | +0.30% | -0.05% | +0.19% | +0.18% |
| 31 Avg +0.09% | +0.06% | - | -0.01% | - | +0.09% | - | +0.11% | +0.24% | - | +0.26% | - | -0.13% |
| Rank | Stock | Avg Return (%) | Wins | Losses |
|---|
