JPYGBP following 8 consecutive down days
The Japanese Yen/Great British Pound has fallen for 8 consecutive days. Since 1982, this type of persistent weakness has occurred 16 times. Following this weakness, the JPYGBP tends to reverse. 12-day average return 0.61%, win rate 12 from 16, standard deviation 2.59%.
Adding a volatility filter to this JPYGBP data (average of absolute daily deviation 50-day > 200-day) enhances the 12-day outlook period. Average return 2%, win rate 6 from 6, standard deviation 1.54%, maximum 4.05%, minimum 0.32%.
Disclaimer: This data is not financial advice. Past performance is not a guide to future performance and may not be repeated. Past performance does not diminish the risk expectancy of any strategy. By its very nature ‘risk’ means you could and most likely will experience losses. No representation or warranty is given as to the accuracy or completeness of any information provided. Data is for educational and informational purposes only.
Adding a volatility filter to this JPYGBP data (average of absolute daily deviation 50-day > 200-day) enhances the 12-day outlook period. Average return 2%, win rate 6 from 6, standard deviation 1.54%, maximum 4.05%, minimum 0.32%.
Disclaimer: This data is not financial advice. Past performance is not a guide to future performance and may not be repeated. Past performance does not diminish the risk expectancy of any strategy. By its very nature ‘risk’ means you could and most likely will experience losses. No representation or warranty is given as to the accuracy or completeness of any information provided. Data is for educational and informational purposes only.