Check historical price trends and seasonality for ZARJPY (ZARJPY=X).
ZARJPY (ZARJPY=X) average YTD return over the past 10 years is +2.04%.
Over the past 10 years, the return for the specified period (Jan 16 for 60 days) is -3.38%.
2 wins 5 losses with a win rate of 28.57%.
1) Overview:
ZARJPY exhibits a distinct seasonal pattern over the year. The currency pair tends to decline significantly from early in the year until late summer. A strong bearish phase is observed from March through September, culminating in a notable low around August 21, with an average decline of -3.5%. A bullish trend emerges in November and continues through December, peaking around December 28 with an average increase of +2.6%, followed by December 31 with an average increase of +2.4%.
2) Buy-the-dip points:
Several periods offer potential buying opportunities. The most significant dip occurs in August, particularly around August 21, where the currency pair experiences an average drop of -3.5%. This pullback could be attributed to seasonal factors or market sentiment, presenting an attractive entry point for long positions. Additional, though less pronounced, dips occur throughout March, April, May, and September, offering further opportunities to accumulate positions before the year-end rally.
3) Summary:
A seasonal investment strategy for ZARJPY could involve accumulating positions during the late summer and early fall months, capitalizing on the bearish trend. Specifically, consider initiating long positions around August 21, taking advantage of the -3.5% average decline. Profit-taking should be considered in late December, around December 28 and December 31, to capture the +2.6% and +2.4% average gains, respectively.
| Year | Start Date | Start Price | End Date | End Price | Return | Rate (%) |
|---|---|---|---|---|---|---|
| 2025 | 2025-01-16 | 8.3138 | 2025-03-16 | 8.0860 | -0.2278 | -2.74 |
| 2024 | 2024-01-16 | 7.7924 | 2024-03-15 | 7.9098 | 0.1174 | 1.51 |
| 2023 | 2023-01-16 | 7.5994 | 2023-03-16 | 7.2163 | -0.3831 | -5.04 |
| 2020 | 2020-01-16 | 7.6338 | 2020-03-15 | 6.3100 | -1.3238 | -17.34 |
| 2019 | 2019-01-16 | 7.9072 | 2019-03-16 | 7.6898 | -0.2174 | -2.75 |
| 2018 | 2018-01-16 | 8.9850 | 2018-03-16 | 8.9290 | -0.0560 | -0.62 |
| 2017 | 2017-01-16 | 8.4323 | 2017-03-16 | 8.7130 | 0.2807 | 3.33 |
| Avg | 8.0948 | 7.8363 | -0.26 | -3.38 |
| Day \ Month | Jan Total -1.12% | Feb Total +0.04% | Mar Total -0.28% | Apr Total -0.25% | May Total +0.03% | Jun Total +1.02% | Jul Total +0.58% | Aug Total -2.57% | Sep Total +1.11% | Oct Total +1.67% | Nov Total +1.60% | Dec Total +1.41% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Avg +0.04% | 0.00% | +0.77% | -0.55% | +0.70% | -0.16% | -0.19% | +0.38% | -0.44% | -0.18% | +0.22% | +0.12% | -0.16% |
| 2 Avg -0.07% | -0.26% | +0.40% | +0.18% | -0.18% | +0.18% | +0.29% | -0.08% | -0.85% | +0.24% | -0.16% | -0.06% | -0.50% |
| 3 Avg -0.16% | -0.56% | -0.67% | +0.26% | -0.45% | -0.70% | +0.46% | -0.20% | -0.44% | -0.05% | +0.20% | +0.19% | 0.00% |
| 4 Avg +0.06% | +0.34% | +0.41% | -0.18% | -0.36% | -0.25% | +0.33% | +0.30% | -0.31% | +0.03% | -0.04% | +0.50% | -0.02% |
| 5 Avg 0.00% | +0.11% | -0.10% | -0.02% | -0.08% | -0.04% | +0.07% | +0.50% | -0.40% | -0.16% | -0.37% | +0.24% | +0.24% |
| 6 Avg -0.17% | -0.70% | -0.04% | +0.09% | -0.92% | -0.15% | -0.08% | -0.75% | -0.40% | +0.42% | +0.09% | +0.11% | +0.31% |
| 7 Avg +0.03% | +0.41% | -0.28% | -0.14% | -0.23% | +0.04% | +0.27% | -0.48% | +0.32% | +0.29% | +0.05% | +0.17% | -0.05% |
| 8 Avg +0.03% | -0.44% | -0.59% | -0.09% | -0.01% | +0.29% | +0.12% | -0.14% | +0.35% | +0.04% | +0.36% | +0.45% | +0.03% |
| 9 Avg -0.09% | +0.14% | -0.10% | -0.81% | -0.09% | -0.05% | +0.19% | +0.13% | -0.05% | -0.23% | -0.27% | +0.02% | +0.08% |
| 10 Avg +0.15% | -0.04% | +0.32% | +0.23% | +0.30% | +0.14% | -0.08% | +0.33% | -0.28% | +0.32% | +0.36% | +0.19% | -0.01% |
| 11 Avg +0.01% | -0.61% | +0.14% | +0.02% | +0.05% | +0.50% | +0.16% | +0.27% | +0.16% | -0.12% | +0.41% | -0.77% | -0.07% |
| 12 Avg +0.05% | -0.01% | +0.08% | +0.39% | +0.36% | -0.12% | -0.20% | -0.03% | +0.09% | +0.13% | -0.07% | -0.22% | +0.19% |
| 13 Avg +0.07% | +0.51% | +0.03% | -0.15% | +0.16% | +0.22% | -0.59% | +0.83% | -0.36% | -0.02% | -0.01% | -0.37% | +0.54% |
| 14 Avg +0.04% | -0.11% | -0.25% | +0.17% | +0.48% | -0.20% | -0.20% | -0.18% | +0.28% | +0.35% | +0.50% | -0.22% | -0.09% |
| 15 Avg +0.13% | +0.19% | +0.43% | +0.09% | -0.03% | +0.18% | +0.25% | +0.41% | -0.13% | -0.14% | -0.10% | +0.35% | +0.02% |
| 16 Avg +0.04% | -0.03% | +0.45% | -0.33% | -0.15% | 0.00% | +0.20% | -0.15% | +0.15% | -0.25% | -0.09% | +0.49% | +0.13% |
| 17 Avg -0.03% | -0.38% | +0.02% | +0.34% | +0.07% | -0.22% | -0.48% | +0.20% | -0.13% | +0.01% | +0.26% | -0.09% | +0.07% |
| 18 Avg +0.01% | -0.25% | -0.09% | +0.67% | 0.00% | -0.24% | -0.11% | -0.23% | -0.60% | +0.23% | +0.69% | -0.18% | +0.18% |
| 19 Avg +0.07% | +0.26% | 0.00% | -0.51% | +0.13% | -0.23% | +0.14% | +0.62% | +0.14% | +0.30% | -0.05% | -0.01% | +0.11% |
| 20 Avg +0.05% | +0.32% | -0.09% | +0.04% | -0.08% | +0.13% | +0.41% | -0.52% | -0.29% | +0.15% | +0.05% | -0.03% | +0.51% |
| 21 Avg +0.08% | +0.03% | +0.12% | +0.12% | +0.14% | +0.38% | -0.34% | +0.26% | -0.09% | +0.16% | +0.24% | +0.28% | -0.36% |
| 22 Avg +0.01% | -0.02% | -0.14% | -0.03% | -0.39% | +0.16% | +0.50% | -0.09% | +0.41% | -0.23% | -0.13% | +0.03% | 0.00% |
| 23 Avg +0.13% | 0.00% | +0.18% | +0.22% | +0.15% | +0.26% | +0.29% | -0.15% | -0.15% | +0.08% | +0.37% | +0.22% | +0.13% |
| 24 Avg -0.02% | +0.38% | -0.10% | -0.06% | -0.37% | +0.02% | +0.34% | -0.21% | +0.04% | -0.04% | -0.19% | +0.09% | -0.13% |
| 25 Avg +0.06% | +0.25% | -0.25% | +0.24% | 0.00% | +0.28% | -0.06% | +0.21% | +0.10% | +0.21% | -0.58% | +0.20% | +0.09% |
| 26 Avg -0.13% | -0.25% | -0.26% | +0.34% | -0.14% | -0.39% | -0.23% | -0.07% | +0.11% | -0.06% | -0.10% | -0.28% | -0.20% |
| 27 Avg -0.02% | +0.25% | -0.17% | -0.10% | -0.19% | +0.32% | -0.29% | -0.28% | +0.26% | -0.05% | +0.21% | -0.37% | +0.20% |
| 28 Avg -0.06% | -0.50% | -0.18% | -0.65% | +0.26% | +0.17% | -0.40% | -0.09% | 0.00% | -0.23% | +0.11% | +0.34% | +0.42% |
| 29 Avg +0.08% | +0.52% | - | +0.11% | +0.37% | +0.19% | +0.11% | -0.15% | -0.34% | +0.29% | -0.18% | +0.18% | -0.24% |
| 30 Avg -0.03% | -0.16% | - | -0.12% | +0.26% | -0.43% | +0.14% | +0.04% | +0.29% | -0.39% | -0.08% | +0.04% | +0.08% |
| 31 Avg -0.14% | -0.48% | - | -0.04% | - | -0.27% | - | -0.09% | -0.01% | - | -0.01% | - | -0.08% |
| Rank | Stock | Avg Return (%) | Wins | Losses |
|---|
