TradeProofer’s NZDJPY sentiment has turned bearish despite the NZDJPY having a bullish seasonal tendency in Sep, Oct, Nov & December.
Between 2002 to 2020 the Kiwi-Yen has only had 5 bearish Septembers, 6 bearish Octobers, 4 bearish Novembers, and 4 bearish Decembers. If we exclude the anomaly of the 2008 GFC, downside on NZDJPY has been minimal during these months. It could be a great time to look for long opportunities considering this data!
