Check historical price trends and seasonality for USDMYR (USDMYR=X).
USDMYR (USDMYR=X) average YTD return over the past 10 years is -0.32%.
Over the past 10 years, the return for the specified period (Jan 18 for 7 days) is -0.66%.
3 wins 5 losses with a win rate of 37.50%.
1) Overview:
The USDMYR pair tends to exhibit a bearish trend in the first quarter, bottoming out around January 28 with a decrease of -1.4%. A bullish phase typically begins in May, gaining momentum through October, peaking around November 13 with an increase of +1.0%. The currency pair then enters a consolidation phase with a slight downward bias towards the end of the year, concluding on December 31 with -0.5%.
2) Buy-the-dip points:
The most significant pullback period occurs in January, presenting a potential buying opportunity around January 28 when the currency pair experiences an average decrease of -1.4%. Another minor pullback occurs near the end of the year in December, offering another opportunity to buy around December 31 with a decrease of -0.5%. These pullbacks could be attributed to year-end profit-taking or seasonal adjustments in currency flows.
3) Summary:
Based on the 10-year average seasonality, consider initiating long positions in USDMYR around late January to capitalize on the subsequent bullish trend. Another opportunity arises in late December. Monitor global economic indicators and geopolitical events, as these factors can influence currency movements beyond seasonal tendencies.
| Year | Start Date | Start Price | End Date | End Price | Return | Rate (%) |
|---|---|---|---|---|---|---|
| 2024 | 2024-01-18 | 4.7150 | 2024-01-24 | 4.7240 | 0.0090 | 0.19 |
| 2023 | 2023-01-18 | 4.3240 | 2023-01-24 | 4.2820 | -0.0420 | -0.97 |
| 2022 | 2022-01-18 | 4.1810 | 2022-01-24 | 4.1850 | 0.0040 | 0.10 |
| 2021 | 2021-01-18 | 4.0340 | 2021-01-24 | 4.0280 | -0.0060 | -0.15 |
| 2019 | 2019-01-18 | 4.1100 | 2019-01-24 | 4.1345 | 0.0245 | 0.60 |
| 2018 | 2018-01-18 | 3.9513 | 2018-01-24 | 3.9100 | -0.0413 | -1.05 |
| 2017 | 2017-01-18 | 4.4675 | 2017-01-24 | 4.4330 | -0.0345 | -0.77 |
| 2016 | 2016-01-18 | 4.3990 | 2016-01-24 | 4.2575 | -0.1415 | -3.22 |
| Avg | 4.2727 | 4.2443 | -0.03 | -0.66 |
| Day \ Month | Jan Total -1.23% | Feb Total +1.15% | Mar Total -0.52% | Apr Total +0.43% | May Total +0.77% | Jun Total -0.14% | Jul Total -0.14% | Aug Total -0.37% | Sep Total +0.07% | Oct Total +1.05% | Nov Total -0.36% | Dec Total -0.98% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Avg -0.03% | 0.00% | +0.11% | -0.05% | -0.01% | -0.13% | +0.08% | -0.07% | -0.07% | +0.03% | -0.04% | -0.05% | -0.18% |
| 2 Avg -0.01% | -0.13% | +0.05% | +0.01% | +0.09% | -0.04% | -0.06% | -0.03% | -0.02% | -0.05% | +0.11% | +0.05% | -0.12% |
| 3 Avg +0.05% | +0.08% | 0.00% | -0.01% | +0.17% | +0.14% | -0.22% | +0.13% | +0.13% | +0.12% | +0.03% | -0.07% | +0.06% |
| 4 Avg +0.01% | +0.08% | -0.03% | -0.13% | +0.02% | +0.15% | -0.10% | -0.04% | -0.08% | +0.03% | +0.21% | +0.11% | -0.11% |
| 5 Avg -0.05% | 0.00% | +0.09% | -0.18% | +0.02% | -0.04% | -0.13% | +0.14% | -0.21% | -0.11% | +0.02% | -0.05% | -0.16% |
| 6 Avg -0.08% | +0.21% | +0.13% | -0.12% | -0.21% | -0.25% | -0.06% | -0.04% | -0.17% | -0.12% | +0.03% | -0.23% | -0.16% |
| 7 Avg +0.04% | -0.02% | +0.04% | +0.02% | +0.16% | +0.13% | -0.03% | +0.01% | +0.14% | -0.02% | +0.05% | -0.07% | +0.12% |
| 8 Avg +0.05% | +0.02% | +0.18% | +0.20% | +0.04% | -0.01% | -0.06% | -0.01% | +0.12% | +0.08% | +0.12% | -0.12% | +0.04% |
| 9 Avg +0.09% | +0.13% | +0.04% | +0.24% | +0.08% | +0.44% | +0.03% | +0.03% | -0.04% | +0.06% | +0.01% | +0.18% | -0.06% |
| 10 Avg +0.01% | -0.17% | -0.05% | +0.13% | -0.03% | +0.14% | +0.12% | 0.00% | -0.07% | 0.00% | 0.00% | +0.06% | 0.00% |
| 11 Avg -0.05% | -0.17% | +0.10% | -0.14% | -0.22% | -0.27% | +0.08% | -0.06% | 0.00% | -0.04% | +0.04% | +0.06% | -0.02% |
| 12 Avg +0.01% | -0.08% | -0.03% | -0.07% | +0.08% | +0.10% | -0.03% | -0.10% | -0.07% | +0.03% | +0.07% | +0.16% | +0.06% |
| 13 Avg +0.03% | -0.02% | +0.10% | +0.04% | -0.04% | +0.07% | +0.02% | -0.02% | +0.13% | +0.01% | +0.01% | +0.06% | +0.04% |
| 14 Avg -0.03% | -0.07% | -0.09% | +0.15% | -0.03% | +0.05% | +0.01% | -0.24% | -0.03% | +0.03% | +0.02% | -0.25% | +0.09% |
| 15 Avg +0.01% | +0.04% | -0.04% | +0.16% | +0.07% | -0.08% | +0.03% | 0.00% | -0.04% | +0.01% | +0.04% | +0.02% | -0.09% |
| 16 Avg +0.01% | +0.05% | +0.23% | -0.28% | +0.04% | -0.02% | +0.14% | -0.04% | +0.11% | -0.09% | +0.08% | -0.10% | +0.05% |
| 17 Avg -0.02% | -0.12% | -0.08% | +0.02% | +0.13% | -0.01% | -0.02% | -0.16% | +0.04% | -0.03% | 0.00% | -0.02% | -0.05% |
| 18 Avg +0.08% | +0.15% | +0.08% | +0.20% | +0.11% | +0.20% | +0.10% | +0.17% | 0.00% | -0.04% | +0.02% | +0.05% | -0.04% |
| 19 Avg +0.03% | -0.16% | +0.11% | +0.05% | -0.10% | +0.10% | -0.04% | +0.21% | +0.04% | -0.01% | -0.01% | +0.04% | +0.14% |
| 20 Avg +0.03% | +0.03% | +0.14% | +0.03% | +0.12% | +0.02% | +0.03% | +0.08% | -0.14% | 0.00% | +0.07% | -0.06% | 0.00% |
| 21 Avg -0.01% | -0.13% | 0.00% | -0.06% | +0.13% | +0.02% | -0.09% | +0.04% | -0.01% | -0.07% | -0.02% | +0.02% | +0.04% |
| 22 Avg -0.05% | -0.23% | -0.04% | -0.26% | +0.04% | -0.07% | +0.02% | +0.10% | -0.02% | +0.05% | -0.02% | -0.08% | -0.03% |
| 23 Avg 0.00% | -0.15% | +0.09% | +0.11% | -0.12% | -0.08% | -0.13% | -0.05% | +0.12% | +0.02% | +0.11% | +0.01% | +0.02% |
| 24 Avg +0.06% | 0.00% | -0.01% | +0.02% | -0.02% | +0.22% | +0.39% | +0.04% | +0.02% | -0.08% | +0.04% | +0.19% | -0.12% |
| 25 Avg -0.03% | 0.00% | +0.07% | +0.11% | +0.01% | +0.04% | -0.15% | -0.09% | -0.08% | +0.01% | -0.04% | -0.20% | -0.07% |
| 26 Avg -0.03% | -0.05% | -0.14% | -0.13% | +0.07% | -0.09% | +0.07% | -0.10% | -0.11% | +0.10% | +0.03% | +0.03% | -0.04% |
| 27 Avg -0.03% | -0.28% | +0.05% | -0.19% | -0.09% | +0.06% | +0.03% | +0.06% | -0.07% | +0.08% | +0.09% | -0.07% | -0.04% |
| 28 Avg -0.04% | -0.23% | +0.06% | -0.11% | +0.05% | -0.01% | -0.05% | -0.10% | +0.02% | +0.07% | -0.01% | -0.07% | -0.10% |
| 29 Avg -0.02% | 0.00% | - | -0.05% | +0.03% | -0.05% | -0.14% | -0.03% | +0.01% | +0.10% | +0.01% | +0.01% | -0.08% |
| 30 Avg -0.02% | +0.03% | - | -0.16% | -0.12% | +0.08% | +0.01% | -0.05% | +0.06% | -0.10% | -0.02% | +0.05% | +0.03% |
| 31 Avg -0.05% | -0.06% | - | -0.07% | - | -0.02% | - | +0.06% | -0.08% | - | -0.01% | - | -0.18% |
| Rank | Stock | Avg Return (%) | Wins | Losses |
|---|
