Check historical price trends and seasonality for NZDJPY (NZDJPY=X).
NZDJPY (NZDJPY=X) average YTD return over the past 10 years is +1.22%.
Over the past 10 years, the return for the specified period (Jan 18 for 7 days) is +0.67%.
6 wins 2 losses with a win rate of 75.00%.
1) Overview:
NZDJPY exhibits a clear bearish tendency for most of the year, particularly from January through October. The most significant downward pressure occurs around August 21, with an average decline of -2.8%. A notable bullish phase appears in late November, extending into December, culminating around December 13 with an average increase of +1.4%. The year typically closes with a positive trend, averaging +1.0% on December 31.
2) Buy-the-dip points:
The most significant pullback occurs in August, with the largest dip around August 21 (-2.8%), presenting a potential buying opportunity. Another, albeit smaller, pullback occurs in the first half of the year, with the largest dip around March (-2.2%). These dips could be attributed to risk-off sentiment or specific economic data releases impacting either the New Zealand Dollar or the Japanese Yen. A rebound is statistically likely to begin in late November, leading to a bullish period in December.
3) Summary:
Based on the 10-year average seasonality, a strategic approach to NZDJPY involves considering short positions during the bearish period, particularly in August. Conversely, long positions could be considered in late November to capitalize on the anticipated December rally. Traders should be mindful of fundamental factors that could override these seasonal tendencies, such as changes in monetary policy or geopolitical events.
| Year | Start Date | Start Price | End Date | End Price | Return | Rate (%) |
|---|---|---|---|---|---|---|
| 2024 | 2024-01-18 | 90.5340 | 2024-01-24 | 90.4640 | -0.0700 | -0.08 |
| 2023 | 2023-01-18 | 82.5000 | 2023-01-24 | 84.7420 | 2.2420 | 2.72 |
| 2022 | 2022-01-18 | 77.8610 | 2022-01-24 | 76.4770 | -1.3840 | -1.78 |
| 2021 | 2021-01-18 | 73.9880 | 2021-01-24 | 74.6460 | 0.6580 | 0.89 |
| 2019 | 2019-01-18 | 73.8020 | 2019-01-24 | 74.3600 | 0.5580 | 0.76 |
| 2018 | 2018-01-18 | 80.9800 | 2018-01-24 | 81.0530 | 0.0730 | 0.09 |
| 2017 | 2017-01-18 | 81.2830 | 2017-01-24 | 81.5830 | 0.3000 | 0.37 |
| 2016 | 2016-01-18 | 75.3500 | 2016-01-24 | 77.1680 | 1.8180 | 2.41 |
| Avg | 79.5373 | 80.0616 | 0.52 | 0.67 |
| Day \ Month | Jan Total -0.91% | Feb Total 0.00% | Mar Total -0.38% | Apr Total -0.14% | May Total +0.43% | Jun Total +1.25% | Jul Total -0.44% | Aug Total -1.14% | Sep Total +0.05% | Oct Total +1.00% | Nov Total +1.54% | Dec Total +0.45% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Avg +0.03% | 0.00% | +0.12% | -0.54% | -0.09% | +0.14% | +0.06% | +0.27% | -0.11% | +0.14% | +0.07% | +0.08% | +0.18% |
| 2 Avg -0.02% | -0.23% | +0.22% | +0.03% | +0.01% | +0.03% | +0.15% | -0.07% | -0.48% | +0.17% | -0.07% | +0.21% | -0.18% |
| 3 Avg -0.06% | -0.41% | -0.31% | +0.17% | -0.31% | -0.10% | +0.35% | +0.09% | -0.25% | +0.07% | -0.12% | +0.01% | +0.16% |
| 4 Avg +0.02% | +0.07% | +0.37% | -0.04% | +0.22% | -0.53% | +0.17% | +0.16% | -0.16% | -0.34% | +0.04% | +0.27% | +0.01% |
| 5 Avg +0.00% | +0.23% | +0.01% | +0.14% | -0.08% | +0.17% | +0.20% | +0.19% | -0.28% | -0.03% | -0.15% | -0.32% | -0.07% |
| 6 Avg -0.01% | -0.23% | -0.05% | -0.20% | -0.19% | -0.05% | +0.09% | -0.25% | -0.06% | +0.28% | +0.38% | +0.24% | -0.04% |
| 7 Avg -0.03% | +0.14% | -0.27% | -0.01% | -0.19% | -0.02% | +0.17% | -0.17% | +0.05% | -0.08% | -0.19% | +0.24% | -0.01% |
| 8 Avg +0.01% | -0.06% | -0.35% | -0.05% | -0.39% | +0.17% | +0.18% | +0.14% | +0.12% | +0.18% | -0.07% | +0.20% | -0.03% |
| 9 Avg 0.00% | +0.23% | -0.16% | -0.40% | +0.03% | +0.07% | +0.25% | -0.06% | +0.01% | -0.22% | -0.02% | +0.17% | +0.10% |
| 10 Avg -0.02% | -0.11% | -0.01% | -0.19% | +0.46% | -0.03% | -0.24% | +0.03% | -0.14% | +0.08% | -0.10% | +0.01% | +0.05% |
| 11 Avg -0.02% | -0.28% | -0.13% | +0.06% | +0.06% | +0.12% | -0.04% | +0.05% | -0.01% | -0.08% | +0.03% | -0.21% | +0.19% |
| 12 Avg +0.09% | +0.17% | +0.29% | +0.27% | -0.04% | -0.26% | -0.03% | -0.15% | -0.07% | +0.15% | +0.29% | +0.13% | +0.31% |
| 13 Avg +0.01% | -0.09% | +0.16% | -0.23% | +0.19% | -0.13% | -0.22% | +0.35% | -0.06% | +0.22% | -0.10% | -0.14% | +0.19% |
| 14 Avg +0.04% | -0.06% | +0.04% | +0.18% | +0.22% | -0.09% | -0.17% | +0.11% | +0.20% | -0.02% | +0.26% | -0.06% | -0.10% |
| 15 Avg -0.01% | +0.06% | +0.07% | -0.05% | +0.05% | -0.11% | 0.00% | +0.14% | -0.19% | -0.22% | 0.00% | +0.21% | -0.05% |
| 16 Avg -0.01% | -0.14% | +0.19% | -0.26% | -0.09% | +0.04% | +0.41% | -0.03% | -0.16% | -0.19% | -0.11% | +0.22% | 0.00% |
| 17 Avg -0.03% | -0.18% | -0.16% | +0.39% | -0.17% | +0.19% | -0.23% | -0.09% | +0.11% | -0.14% | +0.07% | -0.14% | -0.03% |
| 18 Avg -0.01% | -0.09% | +0.05% | +0.25% | -0.01% | -0.02% | -0.22% | -0.27% | -0.45% | +0.31% | +0.47% | -0.07% | -0.07% |
| 19 Avg +0.01% | +0.09% | -0.09% | -0.50% | +0.15% | +0.04% | +0.19% | +0.03% | +0.12% | +0.12% | +0.10% | +0.12% | -0.27% |
| 20 Avg +0.06% | -0.02% | +0.04% | +0.28% | +0.21% | +0.26% | +0.07% | -0.08% | -0.13% | +0.15% | -0.11% | -0.15% | +0.18% |
| 21 Avg -0.07% | +0.13% | +0.07% | -0.18% | -0.10% | +0.10% | -0.27% | +0.08% | -0.27% | 0.00% | +0.12% | -0.04% | -0.46% |
| 22 Avg -0.01% | +0.12% | -0.04% | -0.12% | -0.25% | +0.05% | +0.23% | -0.05% | +0.22% | -0.47% | +0.14% | +0.06% | -0.06% |
| 23 Avg +0.05% | +0.15% | +0.25% | -0.11% | -0.07% | +0.06% | +0.25% | -0.05% | +0.11% | -0.07% | +0.06% | +0.06% | -0.05% |
| 24 Avg +0.03% | +0.15% | -0.22% | -0.02% | +0.19% | -0.08% | +0.15% | -0.16% | -0.12% | +0.10% | +0.09% | +0.21% | +0.12% |
| 25 Avg -0.02% | -0.16% | +0.25% | +0.12% | -0.05% | -0.20% | 0.00% | -0.11% | +0.14% | +0.15% | -0.35% | +0.06% | -0.13% |
| 26 Avg -0.04% | -0.17% | +0.02% | +0.04% | -0.03% | +0.05% | +0.05% | -0.04% | -0.05% | -0.29% | 0.00% | -0.17% | +0.10% |
| 27 Avg +0.09% | +0.15% | -0.24% | +0.25% | -0.11% | +0.33% | -0.17% | -0.06% | +0.28% | +0.04% | +0.18% | +0.23% | +0.19% |
| 28 Avg -0.02% | -0.30% | -0.11% | -0.15% | +0.16% | +0.16% | -0.15% | -0.24% | +0.11% | +0.05% | 0.00% | +0.07% | +0.11% |
| 29 Avg +0.04% | +0.19% | - | +0.28% | +0.09% | +0.20% | 0.00% | -0.20% | -0.03% | +0.19% | -0.12% | -0.21% | +0.10% |
| 30 Avg +0.05% | 0.00% | - | +0.23% | -0.01% | -0.27% | +0.05% | -0.04% | +0.50% | -0.17% | -0.04% | +0.24% | +0.08% |
| 31 Avg 0.00% | -0.23% | - | -0.03% | - | +0.14% | - | +0.02% | -0.11% | - | +0.26% | - | -0.06% |
| Rank | Stock | Avg Return (%) | Wins | Losses |
|---|
