Check historical price trends and seasonality for EURNOK (EURNOK=X).
EURNOK (EURNOK=X) average YTD return over the past 10 years is +2.96%.
Over the past 10 years, the return for the specified period (Mar 1 for 30 days) is +0.17%.
5 wins 3 losses with a win rate of 62.50%.
1) Overview:
EURNOK exhibits a clear seasonal pattern over the past 10 years. The currency pair tends to decline during January, starting with a drop of -1.2% on January 1. A strong bullish phase then emerges, beginning in March and lasting through November. The year typically concludes with a strong rally in December, peaking around December 6 with an average gain of +2.7% before slightly decreasing to +2.1% by December 31.
2) Buy-the-dip points:
The most prominent dip to consider buying occurs in January, with a notable -1.2% decline on January 1. This early-year weakness presents a potential buying opportunity, anticipating the subsequent rally that begins in March.
3) Summary:
A seasonal investment strategy for EURNOK could involve initiating a long position in late January or early February, capitalizing on the weakness after the initial January decline. The position could then be held through the bullish period, with a potential exit point in late November or early December to capture gains before the year-end rally. The strong performance in December, peaking around December 6, suggests a strategic opportunity to capitalize on this final surge.
| Year | Start Date | Start Price | End Date | End Price | Return | Rate (%) |
|---|---|---|---|---|---|---|
| 2024 | 2024-03-01 | 11.4754 | 2024-03-30 | 11.6943 | 0.2189 | 1.91 |
| 2023 | 2023-03-01 | 10.9843 | 2023-03-30 | 11.2956 | 0.3113 | 2.83 |
| 2022 | 2022-03-01 | 9.8820 | 2022-03-30 | 9.6075 | -0.2745 | -2.78 |
| 2021 | 2021-03-01 | 10.4331 | 2021-03-30 | 10.0577 | -0.3754 | -3.60 |
| 2019 | 2019-03-01 | 9.7326 | 2019-03-30 | 9.6962 | -0.0364 | -0.37 |
| 2018 | 2018-03-01 | 9.6281 | 2018-03-30 | 9.6428 | 0.0147 | 0.15 |
| 2017 | 2017-03-01 | 8.8744 | 2017-03-30 | 9.1489 | 0.2745 | 3.09 |
| 2016 | 2016-03-01 | 9.4581 | 2016-03-30 | 9.4694 | 0.0113 | 0.12 |
| Avg | 10.0585 | 10.0766 | 0.02 | 0.17 |
| Day \ Month | Jan Total +0.31% | Feb Total +0.38% | Mar Total +1.03% | Apr Total +0.67% | May Total +0.08% | Jun Total +0.28% | Jul Total -0.40% | Aug Total -0.05% | Sep Total +0.38% | Oct Total +0.50% | Nov Total +0.17% | Dec Total -0.13% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Avg +0.01% | 0.00% | 0.00% | +0.04% | +0.03% | +0.15% | -0.17% | 0.00% | -0.10% | +0.06% | -0.16% | +0.12% | +0.14% |
| 2 Avg +0.05% | +0.42% | -0.08% | -0.08% | -0.02% | +0.06% | +0.02% | -0.03% | +0.30% | +0.06% | -0.05% | -0.09% | +0.07% |
| 3 Avg +0.04% | +0.01% | +0.20% | -0.06% | -0.23% | +0.32% | -0.18% | -0.09% | +0.09% | -0.02% | +0.18% | +0.23% | -0.02% |
| 4 Avg -0.06% | +0.01% | 0.00% | +0.03% | -0.14% | +0.21% | -0.01% | -0.23% | -0.06% | +0.16% | -0.27% | -0.19% | -0.28% |
| 5 Avg +0.02% | +0.05% | +0.07% | +0.08% | -0.01% | -0.17% | -0.05% | -0.23% | +0.21% | -0.04% | +0.10% | +0.04% | +0.18% |
| 6 Avg +0.06% | +0.03% | +0.09% | +0.16% | +0.25% | -0.06% | +0.10% | +0.07% | +0.05% | -0.04% | -0.14% | -0.10% | +0.27% |
| 7 Avg +0.00% | -0.02% | +0.06% | -0.10% | +0.26% | -0.17% | -0.01% | +0.28% | -0.19% | -0.03% | +0.17% | -0.21% | +0.01% |
| 8 Avg -0.01% | -0.02% | +0.02% | +0.11% | +0.06% | -0.07% | -0.19% | +0.12% | +0.05% | +0.06% | -0.01% | -0.03% | -0.19% |
| 9 Avg +0.03% | -0.08% | +0.11% | +0.34% | -0.05% | 0.00% | -0.12% | +0.09% | +0.02% | +0.26% | -0.03% | -0.03% | -0.09% |
| 10 Avg +0.01% | +0.01% | -0.01% | +0.20% | -0.12% | +0.13% | +0.08% | -0.02% | -0.02% | -0.21% | +0.03% | -0.04% | +0.13% |
| 11 Avg -0.03% | +0.07% | -0.12% | +0.01% | +0.08% | -0.11% | +0.06% | -0.01% | -0.16% | -0.01% | -0.19% | -0.01% | +0.07% |
| 12 Avg -0.01% | -0.07% | +0.16% | -0.13% | +0.16% | +0.02% | +0.09% | -0.26% | -0.30% | -0.10% | +0.17% | +0.02% | +0.06% |
| 13 Avg -0.02% | -0.19% | -0.16% | +0.58% | -0.25% | -0.22% | +0.08% | -0.22% | +0.03% | -0.04% | +0.02% | +0.13% | 0.00% |
| 14 Avg -0.03% | +0.05% | -0.02% | -0.18% | -0.04% | +0.02% | 0.00% | -0.02% | -0.04% | +0.12% | -0.20% | +0.03% | -0.11% |
| 15 Avg -0.01% | -0.09% | -0.12% | +0.03% | -0.15% | -0.03% | +0.09% | -0.05% | +0.08% | -0.05% | +0.07% | +0.20% | -0.12% |
| 16 Avg -0.03% | -0.07% | -0.04% | +0.01% | +0.21% | -0.12% | -0.22% | +0.14% | +0.13% | -0.12% | 0.00% | -0.22% | -0.04% |
| 17 Avg +0.09% | +0.10% | +0.07% | +0.12% | -0.09% | -0.04% | +0.22% | +0.06% | +0.15% | -0.02% | +0.23% | +0.17% | +0.08% |
| 18 Avg +0.07% | +0.10% | -0.13% | -0.07% | +0.23% | +0.27% | +0.03% | +0.11% | +0.10% | +0.06% | +0.04% | +0.02% | +0.04% |
| 19 Avg +0.09% | +0.12% | -0.01% | +0.69% | -0.03% | +0.19% | -0.04% | -0.02% | -0.10% | +0.08% | +0.14% | +0.10% | -0.02% |
| 20 Avg -0.01% | -0.15% | -0.06% | -0.21% | +0.03% | -0.05% | +0.19% | +0.04% | +0.09% | +0.01% | -0.11% | +0.09% | -0.03% |
| 21 Avg +0.06% | +0.06% | +0.12% | -0.12% | +0.19% | -0.04% | -0.12% | -0.02% | +0.04% | +0.21% | +0.05% | +0.10% | +0.22% |
| 22 Avg -0.06% | -0.10% | +0.05% | -0.04% | +0.19% | -0.18% | -0.05% | -0.09% | +0.03% | -0.07% | -0.07% | -0.21% | -0.21% |
| 23 Avg +0.03% | +0.04% | +0.02% | +0.40% | +0.02% | +0.02% | +0.01% | +0.09% | -0.14% | -0.03% | -0.04% | -0.11% | +0.03% |
| 24 Avg -0.04% | -0.03% | -0.08% | -0.23% | -0.04% | 0.00% | +0.03% | +0.22% | -0.14% | -0.09% | +0.08% | +0.01% | -0.16% |
| 25 Avg -0.12% | +0.03% | -0.06% | -0.40% | +0.16% | -0.08% | +0.16% | -0.23% | -0.15% | -0.03% | +0.10% | -0.18% | -0.74% |
| 26 Avg +0.10% | -0.01% | +0.18% | -0.21% | +0.28% | +0.11% | +0.22% | -0.04% | -0.02% | +0.10% | +0.08% | +0.09% | +0.48% |
| 27 Avg -0.02% | -0.09% | +0.08% | -0.13% | +0.05% | -0.21% | -0.03% | -0.03% | -0.08% | +0.11% | -0.06% | +0.15% | -0.02% |
| 28 Avg 0.00% | +0.12% | +0.06% | +0.07% | -0.20% | -0.04% | +0.15% | +0.04% | -0.06% | -0.10% | -0.02% | -0.15% | +0.12% |
| 29 Avg +0.03% | -0.18% | - | +0.07% | -0.10% | -0.06% | -0.05% | -0.11% | +0.30% | -0.08% | +0.18% | +0.29% | +0.08% |
| 30 Avg 0.00% | 0.00% | - | +0.14% | -0.07% | +0.07% | -0.03% | -0.13% | -0.22% | +0.17% | +0.06% | -0.05% | +0.05% |
| 31 Avg +0.07% | +0.19% | - | -0.12% | - | +0.17% | - | +0.14% | +0.07% | - | +0.17% | - | -0.12% |
| Rank | Stock | Avg Return (%) | Wins | Losses |
|---|
