Check historical price trends and seasonality for MYRJPY (MYRJPY=X).
MYRJPY (MYRJPY=X) average YTD return over the past 10 years is +3.39%.
Over the past 10 years, the return for the specified period (Aug 24 for 30 days) is +1.12%.
6 wins 1 losses with a win rate of 85.71%.
1) Overview:
MYRJPY exhibits a strong bullish tendency in the latter half of the year. The currency pair experiences a significant upward trend starting in September, culminating in substantial gains by December. Specifically, the period from September 1st to December 31st shows consistent positive movement, with December 17th reaching +3.5% and December 31st at +3.4%. Conversely, the period around March 1st shows a notable dip of -0.8%, indicating a bearish phase early in the year.
2) Buy-the-dip points:
A potential buying opportunity arises around March 1st, when the currency pair typically experiences a pullback of -0.8%. This dip could be viewed as a strategic entry point, anticipating a subsequent rebound. Another, less pronounced, dip occurs in late February. These pullbacks may be attributed to profit-taking or market corrections, presenting favorable conditions for initiating long positions before the bullish trend resumes later in the year.
3) Summary:
The seasonality data suggests a buy-and-hold strategy for MYRJPY, focusing on accumulating positions during the weakness in late February and around March 1st. Investors should consider these periods of negative performance as opportunities to enter the market at a discount, capitalizing on the historically strong performance towards the end of the year. The significant gains observed in December, particularly around December 17th and December 31st, highlight the potential for substantial returns.
| Year | Start Date | Start Price | End Date | End Price | Return | Rate (%) |
|---|---|---|---|---|---|---|
| 2023 | 2023-08-24 | 31.2401 | 2023-09-22 | 31.5064 | 0.2663 | 0.85 |
| 2022 | 2022-08-24 | 30.5940 | 2022-09-22 | 31.4127 | 0.8187 | 2.68 |
| 2021 | 2021-08-24 | 25.9857 | 2021-09-22 | 26.0558 | 0.0701 | 0.27 |
| 2020 | 2020-08-24 | 25.3203 | 2020-09-22 | 25.3452 | 0.0249 | 0.10 |
| 2018 | 2018-08-24 | 27.0680 | 2018-09-22 | 27.2040 | 0.1360 | 0.50 |
| 2017 | 2017-08-24 | 25.5250 | 2017-09-22 | 26.8850 | 1.3600 | 5.33 |
| 2016 | 2016-08-24 | 24.8190 | 2016-09-22 | 24.3510 | -0.4680 | -1.89 |
| Avg | 27.2217 | 27.5372 | 0.32 | 1.12 |
| Day \ Month | Jan Total +0.49% | Feb Total -1.07% | Mar Total +0.93% | Apr Total +0.10% | May Total -0.07% | Jun Total +0.47% | Jul Total -0.33% | Aug Total +0.21% | Sep Total +1.18% | Oct Total +0.75% | Nov Total +0.37% | Dec Total +0.62% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Avg +0.09% | 0.00% | +0.12% | -0.14% | +0.21% | +0.53% | -0.04% | +0.32% | -0.14% | +0.18% | -0.03% | -0.14% | +0.28% |
| 2 Avg -0.07% | -0.32% | +0.04% | +0.19% | -0.21% | -0.10% | -0.13% | +0.05% | -0.15% | -0.06% | -0.06% | +0.02% | -0.11% |
| 3 Avg -0.08% | -0.08% | -0.64% | +0.32% | -0.17% | +0.02% | +0.05% | -0.01% | -0.23% | +0.09% | -0.01% | -0.15% | -0.12% |
| 4 Avg -0.02% | +0.13% | +0.32% | -0.01% | -0.09% | -0.30% | +0.14% | -0.03% | -0.01% | -0.26% | -0.14% | +0.26% | -0.25% |
| 5 Avg +0.02% | +0.13% | +0.15% | +0.08% | -0.08% | -0.12% | +0.08% | -0.02% | -0.20% | +0.10% | +0.13% | -0.04% | +0.05% |
| 6 Avg +0.05% | -0.11% | 0.00% | +0.09% | -0.02% | -0.06% | +0.10% | -0.27% | +0.07% | +0.16% | +0.18% | +0.17% | +0.23% |
| 7 Avg -0.02% | -0.01% | -0.18% | -0.40% | +0.07% | -0.10% | +0.16% | +0.08% | -0.10% | -0.05% | +0.01% | +0.25% | -0.02% |
| 8 Avg +0.02% | -0.02% | -0.24% | +0.31% | -0.12% | +0.04% | +0.06% | -0.06% | +0.14% | +0.22% | 0.00% | -0.08% | -0.03% |
| 9 Avg -0.07% | +0.22% | -0.14% | -0.47% | -0.16% | -0.09% | -0.12% | +0.05% | +0.09% | -0.20% | -0.02% | 0.00% | -0.05% |
| 10 Avg +0.02% | +0.02% | -0.11% | -0.13% | +0.07% | +0.14% | -0.16% | -0.01% | +0.07% | +0.05% | +0.05% | +0.10% | +0.11% |
| 11 Avg +0.02% | -0.21% | -0.16% | +0.09% | +0.17% | +0.09% | +0.02% | -0.09% | -0.02% | -0.03% | +0.09% | +0.13% | +0.20% |
| 12 Avg +0.08% | +0.12% | +0.17% | +0.17% | -0.04% | -0.13% | +0.06% | +0.22% | +0.01% | +0.10% | +0.06% | +0.02% | +0.24% |
| 13 Avg +0.01% | -0.26% | +0.09% | -0.05% | +0.06% | +0.01% | -0.27% | +0.20% | +0.07% | +0.13% | -0.06% | +0.07% | +0.10% |
| 14 Avg -0.04% | +0.15% | -0.12% | -0.19% | +0.01% | +0.01% | +0.03% | +0.16% | +0.05% | -0.13% | +0.12% | -0.30% | -0.25% |
| 15 Avg +0.02% | -0.11% | +0.19% | +0.09% | -0.23% | +0.10% | +0.06% | +0.27% | -0.07% | -0.12% | -0.01% | +0.17% | -0.15% |
| 16 Avg +0.00% | -0.32% | +0.23% | -0.07% | -0.01% | +0.01% | +0.24% | -0.10% | +0.01% | -0.17% | -0.11% | -0.01% | +0.35% |
| 17 Avg +0.01% | +0.08% | -0.22% | -0.06% | -0.20% | +0.11% | -0.19% | +0.17% | +0.15% | +0.13% | +0.16% | -0.04% | +0.09% |
| 18 Avg -0.04% | -0.16% | -0.27% | +0.18% | -0.03% | -0.05% | +0.04% | -0.20% | -0.23% | +0.30% | +0.11% | -0.09% | -0.11% |
| 19 Avg 0.00% | +0.19% | -0.01% | -0.08% | -0.02% | -0.24% | +0.08% | -0.08% | +0.11% | +0.34% | -0.09% | +0.04% | -0.31% |
| 20 Avg +0.05% | +0.30% | +0.13% | +0.09% | +0.42% | -0.05% | +0.03% | -0.19% | -0.08% | -0.16% | -0.03% | -0.09% | +0.23% |
| 21 Avg -0.05% | -0.15% | -0.04% | +0.12% | -0.20% | +0.03% | -0.18% | +0.20% | -0.13% | -0.15% | +0.13% | +0.08% | -0.29% |
| 22 Avg +0.05% | +0.12% | -0.14% | -0.01% | -0.01% | +0.03% | +0.32% | -0.10% | +0.20% | +0.02% | -0.05% | 0.00% | +0.18% |
| 23 Avg +0.02% | +0.22% | 0.00% | +0.24% | -0.10% | -0.12% | +0.19% | -0.17% | -0.01% | +0.08% | +0.08% | +0.02% | -0.14% |
| 24 Avg -0.03% | -0.15% | -0.27% | -0.12% | +0.54% | -0.29% | -0.07% | -0.11% | -0.04% | +0.07% | +0.12% | -0.06% | +0.08% |
| 25 Avg +0.03% | +0.24% | +0.04% | -0.12% | +0.08% | -0.12% | -0.13% | -0.26% | +0.14% | +0.15% | -0.04% | +0.32% | +0.01% |
| 26 Avg +0.07% | -0.05% | 0.00% | +0.19% | -0.03% | +0.18% | +0.16% | +0.16% | -0.03% | +0.12% | +0.04% | -0.08% | +0.16% |
| 27 Avg -0.01% | +0.20% | +0.02% | +0.15% | -0.06% | +0.04% | -0.39% | -0.25% | +0.04% | +0.11% | -0.14% | +0.08% | +0.09% |
| 28 Avg +0.05% | +0.17% | -0.02% | +0.19% | +0.17% | +0.26% | +0.12% | -0.25% | +0.18% | 0.00% | -0.17% | -0.14% | +0.14% |
| 29 Avg +0.05% | +0.29% | - | +0.39% | +0.08% | +0.05% | +0.01% | -0.24% | -0.04% | +0.29% | +0.09% | -0.36% | -0.01% |
| 30 Avg +0.08% | +0.11% | - | -0.01% | +0.01% | -0.04% | +0.19% | +0.06% | +0.32% | -0.10% | +0.07% | +0.21% | +0.06% |
| 31 Avg +0.01% | -0.24% | - | -0.08% | - | +0.06% | - | +0.18% | +0.06% | - | +0.26% | - | -0.13% |
| Rank | Stock | Avg Return (%) | Wins | Losses |
|---|
