Check historical price trends and seasonality for NZDDKK (NZDDKK=X).
NZDDKK (NZDDKK=X) average YTD return over the past 10 years is -2.28%.
Over the past 10 years, the return for the specified period (May 17 for 30 days) is +1.16%.
4 wins 4 losses with a win rate of 50.00%.
1) Overview:
The NZDDKK pair tends to exhibit a bearish trend throughout much of the year, particularly from January through October. The most significant downward pressure occurs around October 11, with an average decrease of -4.0%. A slight bullish phase appears around February 25, showing an average increase of +0.4%. The year typically concludes with a dip around December 31, averaging -2.3%.
2) Buy-the-dip points:
Based on the historical data, potential buying opportunities arise during periods of consistent decline. The most pronounced dip occurs around October 11 (-4.0%), suggesting a possible entry point for a long position, anticipating a subsequent rebound. Another potential, though less significant, buying opportunity may arise near the end of the year, around December 31 (-2.3%), expecting a recovery in the new year. The period from January to March also presents several minor dips that could be considered for short-term strategies.
3) Summary:
Investment strategies for NZDDKK should consider the pronounced bearish seasonality, particularly in the later months of the year. A potential strategy involves entering a long position around October 11, capitalizing on the significant dip, and holding it for a medium-term gain. Conversely, the small bullish movement around February 25 could be used for short-term profit-taking, but the overall trend suggests caution against sustained long positions outside of the identified dip periods.
| Year | Start Date | Start Price | End Date | End Price | Return | Rate (%) |
|---|---|---|---|---|---|---|
| 2024 | 2024-05-17 | 4.2032 | 2024-06-15 | 4.2787 | 0.0755 | 1.80 |
| 2023 | 2023-05-17 | 4.2735 | 2023-06-15 | 4.2577 | -0.0158 | -0.37 |
| 2022 | 2022-05-17 | 4.4982 | 2022-06-15 | 4.4360 | -0.0622 | -1.38 |
| 2021 | 2021-05-17 | 4.4325 | 2021-06-15 | 4.3810 | -0.0515 | -1.16 |
| 2019 | 2019-05-17 | 4.3658 | 2019-06-15 | 4.3384 | -0.0274 | -0.63 |
| 2018 | 2018-05-17 | 4.3509 | 2018-06-15 | 4.4834 | 0.1325 | 3.05 |
| 2017 | 2017-05-17 | 4.6170 | 2017-06-15 | 4.8038 | 0.1868 | 4.05 |
| 2016 | 2016-05-17 | 4.4587 | 2016-06-15 | 4.6328 | 0.1741 | 3.90 |
| Avg | 4.4000 | 4.4515 | 0.05 | 1.16 |
| Day \ Month | Jan Total -0.51% | Feb Total +0.30% | Mar Total -1.29% | Apr Total -0.50% | May Total -0.11% | Jun Total +0.24% | Jul Total -0.04% | Aug Total -1.13% | Sep Total -0.21% | Oct Total -0.10% | Nov Total +1.43% | Dec Total -0.14% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Avg +0.01% | 0.00% | -0.02% | -0.16% | -0.07% | -0.21% | +0.01% | +0.16% | +0.06% | +0.06% | +0.19% | +0.15% | -0.01% |
| 2 Avg +0.01% | -0.09% | +0.07% | -0.03% | +0.12% | -0.03% | +0.15% | -0.15% | -0.21% | +0.16% | 0.00% | +0.23% | -0.08% |
| 3 Avg +0.03% | +0.07% | -0.04% | -0.04% | -0.06% | +0.13% | +0.21% | +0.13% | -0.17% | +0.07% | -0.17% | +0.08% | +0.16% |
| 4 Avg +0.02% | +0.04% | +0.06% | -0.04% | +0.09% | -0.43% | -0.01% | +0.15% | +0.04% | -0.11% | +0.07% | +0.17% | +0.19% |
| 5 Avg -0.03% | -0.10% | -0.10% | -0.03% | -0.02% | +0.25% | +0.12% | +0.23% | -0.13% | -0.12% | -0.37% | -0.19% | +0.12% |
| 6 Avg +0.01% | -0.07% | +0.08% | -0.33% | +0.01% | +0.17% | +0.02% | +0.13% | -0.11% | +0.24% | +0.15% | +0.17% | -0.35% |
| 7 Avg -0.04% | -0.12% | -0.05% | +0.25% | -0.38% | -0.03% | -0.01% | -0.19% | +0.07% | -0.09% | -0.11% | +0.08% | +0.05% |
| 8 Avg -0.01% | -0.11% | -0.08% | +0.04% | -0.20% | +0.09% | +0.11% | +0.22% | -0.22% | -0.01% | -0.19% | +0.11% | +0.10% |
| 9 Avg +0.02% | +0.18% | -0.10% | -0.22% | +0.06% | +0.02% | +0.26% | -0.17% | +0.09% | -0.05% | 0.00% | +0.13% | +0.10% |
| 10 Avg -0.06% | -0.14% | -0.10% | -0.45% | +0.39% | -0.23% | -0.10% | +0.04% | -0.10% | +0.06% | -0.05% | -0.09% | -0.01% |
| 11 Avg -0.02% | -0.17% | +0.05% | -0.01% | -0.10% | +0.04% | +0.03% | +0.11% | +0.06% | -0.07% | -0.11% | -0.04% | +0.02% |
| 12 Avg +0.03% | +0.19% | +0.12% | +0.10% | -0.11% | -0.11% | -0.11% | -0.22% | -0.10% | +0.05% | +0.14% | +0.20% | +0.18% |
| 13 Avg +0.01% | +0.08% | +0.05% | -0.23% | +0.20% | -0.04% | 0.00% | +0.26% | -0.02% | +0.08% | -0.07% | -0.14% | -0.06% |
| 14 Avg +0.01% | -0.02% | +0.16% | +0.09% | +0.21% | -0.07% | -0.10% | -0.05% | +0.01% | -0.14% | +0.09% | -0.09% | +0.07% |
| 15 Avg -0.04% | -0.10% | +0.01% | -0.09% | +0.06% | -0.18% | +0.11% | -0.09% | -0.08% | -0.02% | +0.03% | -0.03% | -0.14% |
| 16 Avg +0.01% | +0.09% | +0.05% | -0.12% | -0.05% | +0.09% | +0.11% | +0.03% | -0.11% | -0.05% | +0.01% | +0.23% | -0.18% |
| 17 Avg -0.04% | -0.18% | -0.10% | +0.14% | -0.14% | +0.01% | +0.07% | -0.13% | +0.03% | -0.02% | -0.03% | -0.09% | -0.04% |
| 18 Avg -0.03% | -0.03% | +0.21% | +0.10% | -0.04% | -0.14% | -0.11% | -0.18% | -0.30% | -0.03% | +0.26% | -0.05% | 0.00% |
| 19 Avg -0.01% | +0.04% | +0.04% | -0.47% | +0.02% | +0.11% | +0.11% | -0.15% | +0.08% | 0.00% | +0.09% | +0.04% | -0.09% |
| 20 Avg -0.05% | -0.18% | -0.04% | +0.29% | -0.06% | +0.10% | -0.17% | -0.05% | -0.04% | +0.08% | -0.18% | -0.10% | -0.20% |
| 21 Avg -0.02% | +0.21% | +0.04% | -0.08% | -0.05% | +0.03% | -0.07% | -0.09% | -0.18% | +0.05% | +0.01% | +0.07% | -0.13% |
| 22 Avg -0.03% | +0.04% | +0.05% | -0.20% | -0.26% | -0.01% | +0.02% | +0.08% | -0.07% | -0.21% | +0.12% | +0.22% | -0.10% |
| 23 Avg +0.02% | +0.08% | +0.32% | -0.12% | 0.00% | +0.09% | -0.07% | -0.02% | +0.14% | -0.06% | +0.03% | -0.06% | -0.03% |
| 24 Avg +0.06% | +0.15% | -0.02% | +0.10% | -0.04% | +0.05% | +0.06% | -0.11% | 0.00% | +0.14% | +0.09% | +0.13% | +0.18% |
| 25 Avg -0.03% | -0.16% | +0.23% | +0.08% | -0.23% | -0.17% | -0.03% | +0.19% | +0.03% | +0.05% | -0.35% | -0.01% | -0.01% |
| 26 Avg -0.04% | -0.09% | -0.13% | -0.02% | +0.01% | +0.01% | +0.04% | -0.10% | +0.07% | -0.19% | -0.03% | -0.08% | 0.00% |
| 27 Avg +0.09% | +0.11% | -0.26% | +0.15% | -0.06% | +0.22% | +0.15% | +0.16% | +0.18% | +0.05% | +0.19% | +0.05% | +0.07% |
| 28 Avg -0.08% | -0.30% | -0.22% | -0.22% | +0.03% | -0.04% | -0.36% | -0.16% | -0.05% | +0.16% | +0.11% | +0.23% | -0.15% |
| 29 Avg +0.01% | +0.08% | - | +0.02% | +0.15% | +0.25% | -0.18% | +0.05% | -0.17% | -0.05% | -0.11% | -0.02% | +0.13% |
| 30 Avg +0.03% | +0.07% | - | +0.21% | +0.02% | -0.02% | -0.03% | -0.03% | +0.23% | -0.22% | +0.07% | +0.12% | -0.06% |
| 31 Avg -0.04% | -0.09% | - | -0.01% | - | -0.08% | - | -0.10% | -0.15% | - | +0.02% | - | +0.13% |
| Rank | Stock | Avg Return (%) | Wins | Losses |
|---|
