USDCNY - Strength set to continue following 5 Up Weeks
Since 1981, the Chinese Renminbi has recorded 5 consecutive up weeks 17 times. Last week marked the 18th occasion. Weekly winning streaks of this length usually led to further gains over the next 7 weeks, providing an average gain of 1.51%, win rate 14 from 17, maximum 5.28%, median 1.52%, minimum -0.06%, standard deviation 1.44%.
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.
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.