The theoretical dollar-yen price is ¥157.58 per US dollar, up ¥0.48 from the previous day. The overvalued zone is ¥158.02 or higher, and the undervalued zone is ¥157.13 or lower; the trend over the past 5 days is also shown. This indicator is independently calculated by the Klug team and is used as a guide to gauge potential market corrections.
The theoretical dollar-yen price is ¥157.58 per US dollar, while the current price is ¥157.87. The overvalued zone is ¥158.02 or higher, and the undervalued zone is ¥157.13 or lower. The theoretical prices for the past 5 trading days, in reverse chronological order, were ¥157.09, ¥156.15, ¥156.43, ¥156.88 and ¥157.02.
The theoretical price is a signal automatically calculated by the Klug team based on factors including interest-rate differentials and risk tolerance. A price above the theoretical level is judged to be overvalued, while one below it is judged to be undervalued. The explanation states that markets that have moved too far tend to correct like a pendulum.