Check historical price trends and seasonality for NZDCAD (NZDCAD=X).
NZDCAD (NZDCAD=X) average YTD return over the past 10 years is -1.50%.
Over the past 10 years, the return for the specified period (Jan 16 for 60 days) is +0.70%.
3 wins 4 losses with a win rate of 42.86%.
1) Overview:
The NZDCAD pair exhibits a generally bearish tendency throughout the year. The most significant downward pressure occurs in October, culminating around October 11 with an average decline of -4.5%. This bearish trend begins gradually in early January and intensifies through the spring and summer months. While there isn't a clear bullish phase, the pair tends to consolidate slightly towards the end of the year, with a minor dip around December 31 at -1.8%.
2) Buy-the-dip points:
Based on the data, potential buying opportunities arise during periods of pronounced weakness. The most significant pullback occurs around October 11, presenting a strong buy-the-dip opportunity as the pair experiences its largest average decline of -4.5%. Another, albeit smaller, opportunity may arise near the end of the year around December 31, where the pair tends to dip by -1.8%. These pullbacks could be attributed to end-of-year profit-taking or specific market events that temporarily depress the NZDCAD.
3) Summary:
Seasonality suggests a bearish bias for NZDCAD, particularly in the fall. Traders might consider shorting the pair or reducing long positions ahead of October to capitalize on the expected decline. Conversely, the significant dip around October 11 could be viewed as an attractive entry point for long-term investors looking to establish or add to their positions, anticipating a potential rebound after this period of weakness.
| Year | Start Date | Start Price | End Date | End Price | Return | Rate (%) |
|---|---|---|---|---|---|---|
| 2025 | 2025-01-16 | 0.8062 | 2025-03-16 | 0.8225 | 0.0163 | 2.02 |
| 2024 | 2024-01-16 | 0.8316 | 2024-03-15 | 0.8290 | -0.0026 | -0.31 |
| 2023 | 2023-01-16 | 0.8551 | 2023-03-16 | 0.8484 | -0.0067 | -0.78 |
| 2020 | 2020-01-16 | 0.8629 | 2020-03-15 | 0.8522 | -0.0107 | -1.24 |
| 2019 | 2019-01-16 | 0.9043 | 2019-03-16 | 0.9106 | 0.0063 | 0.70 |
| 2018 | 2018-01-16 | 0.9062 | 2018-03-16 | 0.9488 | 0.0426 | 4.70 |
| 2017 | 2017-01-16 | 0.9359 | 2017-03-16 | 0.9341 | -0.0018 | -0.19 |
| Avg | 0.8717 | 0.8779 | 0.01 | 0.70 |
| Day \ Month | Jan Total -0.63% | Feb Total +0.07% | Mar Total -0.50% | Apr Total -0.92% | May Total -0.11% | Jun Total +0.03% | Jul Total +0.02% | Aug Total -0.78% | Sep Total -0.32% | Oct Total -0.08% | Nov Total +1.77% | Dec Total +0.23% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Avg -0.08% | 0.00% | -0.22% | -0.20% | -0.23% | -0.22% | +0.11% | +0.06% | +0.03% | -0.06% | -0.18% | +0.10% | -0.10% |
| 2 Avg +0.05% | -0.09% | +0.26% | -0.04% | 0.00% | +0.11% | -0.11% | 0.00% | -0.01% | +0.10% | -0.01% | +0.28% | +0.13% |
| 3 Avg -0.03% | -0.27% | +0.01% | -0.13% | -0.21% | +0.19% | +0.27% | 0.00% | -0.26% | -0.05% | -0.04% | -0.05% | +0.16% |
| 4 Avg +0.03% | -0.07% | 0.00% | +0.28% | +0.23% | -0.12% | 0.00% | -0.01% | +0.06% | -0.05% | -0.04% | +0.14% | -0.04% |
| 5 Avg -0.02% | -0.14% | -0.03% | +0.04% | -0.02% | +0.26% | +0.19% | -0.01% | 0.00% | -0.21% | -0.15% | -0.20% | 0.00% |
| 6 Avg +0.07% | +0.01% | +0.04% | +0.11% | +0.01% | 0.00% | +0.13% | +0.20% | -0.05% | +0.23% | +0.16% | +0.18% | -0.15% |
| 7 Avg -0.07% | -0.10% | -0.04% | +0.18% | -0.31% | -0.07% | -0.16% | +0.04% | +0.17% | -0.29% | -0.24% | +0.03% | -0.02% |
| 8 Avg -0.02% | -0.13% | -0.09% | -0.14% | -0.17% | -0.13% | +0.01% | +0.18% | -0.01% | +0.19% | -0.24% | +0.18% | +0.10% |
| 9 Avg +0.04% | +0.03% | -0.01% | +0.20% | +0.11% | +0.06% | +0.24% | -0.10% | -0.15% | +0.04% | -0.08% | +0.03% | +0.11% |
| 10 Avg -0.07% | +0.02% | -0.13% | -0.21% | +0.22% | -0.20% | -0.09% | -0.01% | -0.11% | -0.07% | -0.05% | -0.18% | -0.07% |
| 11 Avg -0.01% | -0.02% | +0.04% | +0.17% | -0.18% | -0.08% | 0.00% | +0.10% | +0.01% | +0.01% | -0.10% | -0.07% | +0.01% |
| 12 Avg +0.01% | +0.18% | +0.15% | +0.04% | -0.10% | -0.08% | -0.04% | -0.18% | -0.22% | -0.05% | +0.16% | +0.24% | -0.01% |
| 13 Avg -0.01% | +0.11% | -0.16% | -0.07% | +0.07% | -0.25% | -0.08% | +0.10% | +0.03% | +0.23% | -0.10% | -0.13% | +0.14% |
| 14 Avg +0.03% | +0.04% | +0.09% | +0.04% | +0.11% | +0.07% | -0.12% | -0.08% | -0.04% | -0.14% | +0.05% | +0.14% | +0.19% |
| 15 Avg -0.04% | -0.07% | -0.13% | -0.22% | +0.11% | -0.17% | +0.06% | +0.06% | -0.20% | -0.02% | -0.01% | +0.19% | -0.11% |
| 16 Avg -0.03% | +0.01% | +0.03% | -0.27% | +0.11% | -0.03% | +0.14% | +0.01% | -0.03% | -0.04% | -0.02% | -0.01% | -0.20% |
| 17 Avg -0.03% | -0.16% | +0.05% | +0.18% | -0.28% | -0.03% | +0.05% | -0.03% | +0.08% | -0.02% | -0.11% | -0.09% | +0.01% |
| 18 Avg +0.05% | +0.10% | -0.06% | +0.18% | +0.09% | -0.01% | +0.02% | -0.11% | -0.20% | +0.16% | +0.30% | +0.02% | +0.08% |
| 19 Avg -0.02% | +0.08% | +0.06% | -0.32% | -0.04% | +0.05% | +0.08% | -0.12% | -0.04% | +0.01% | +0.07% | +0.06% | -0.10% |
| 20 Avg +0.02% | 0.00% | -0.04% | +0.14% | +0.15% | +0.23% | -0.21% | +0.09% | +0.08% | +0.06% | -0.12% | +0.01% | -0.11% |
| 21 Avg -0.02% | -0.03% | +0.10% | -0.24% | -0.06% | +0.07% | -0.09% | -0.15% | -0.15% | +0.14% | +0.10% | +0.11% | -0.05% |
| 22 Avg -0.02% | +0.04% | +0.07% | -0.15% | -0.10% | -0.01% | +0.01% | +0.05% | +0.04% | -0.29% | +0.14% | -0.04% | -0.05% |
| 23 Avg +0.01% | +0.21% | +0.27% | -0.04% | -0.23% | +0.12% | -0.08% | 0.00% | +0.03% | -0.11% | -0.08% | -0.05% | +0.05% |
| 24 Avg +0.07% | +0.16% | -0.01% | +0.16% | +0.13% | +0.06% | +0.25% | -0.10% | -0.17% | 0.00% | +0.18% | +0.12% | +0.09% |
| 25 Avg -0.07% | -0.26% | +0.05% | -0.01% | -0.13% | -0.11% | +0.03% | +0.04% | -0.02% | +0.03% | -0.32% | -0.09% | -0.01% |
| 26 Avg -0.02% | +0.01% | -0.07% | -0.16% | +0.03% | -0.02% | +0.10% | -0.07% | +0.08% | -0.35% | +0.20% | +0.03% | -0.04% |
| 27 Avg +0.05% | -0.12% | -0.14% | +0.13% | -0.06% | +0.15% | -0.11% | +0.13% | +0.11% | +0.17% | +0.21% | +0.11% | +0.03% |
| 28 Avg -0.06% | -0.26% | -0.04% | -0.19% | -0.14% | -0.04% | -0.25% | +0.02% | -0.01% | -0.06% | -0.06% | +0.35% | +0.02% |
| 29 Avg -0.01% | +0.06% | - | -0.17% | +0.03% | +0.16% | -0.27% | -0.10% | -0.07% | 0.00% | +0.03% | +0.08% | +0.11% |
| 30 Avg +0.07% | +0.05% | - | +0.23% | -0.04% | -0.07% | -0.05% | -0.02% | +0.18% | +0.10% | 0.00% | +0.29% | +0.11% |
| 31 Avg +0.05% | -0.02% | - | -0.01% | - | +0.01% | - | +0.03% | +0.07% | - | +0.29% | - | -0.01% |
| Rank | Stock | Avg Return (%) | Wins | Losses |
|---|
