Congolese Franc Forecast

Not for Invesment, Informational Purposes Only

Summary of Last Week

  • Opening:
  • Closing:
  • Difference of Opening & Closing:
  • Daily High:
  • Daily Low:
  • Difference of Daily High & Low:

Statistical Measures

  • Mean:
  • Standard Deviation:

Trend

Summary of Yesterday

  • Opening:
  • Closing:
  • Difference of Opening & Closing:
  • Daily High:
  • Daily Low:
  • Difference of Daily High & Low:

Statistical Measures

  • Mean:
  • Standard Deviation:

Trend

1. Understanding the overall trend of the exchange rates

Over the entire period shown, there is no noticeable change in the exchange rate. The rate consistently sits at 0.00049 at all observed times. This indicates a highly stable exchange rate, showing no increase or decrease across all observed data points.

2. Identifying any seasonality or recurring patterns in the changes of exchange rates

Given the stability seen in the exchange rate, there doesn't appear to be any seasonality or recurring patterns. As the exchange rate value doesn't show any fluctuations, there are no temporal patterns evident in the data. This suggests that factors occurring at certain periods do not bear an impact on the rate in this data set.

3. Noting any outliers or instances where the exchange rate differs significantly from what would be expected based on the trend or seasonality

With a consistent exchange rate of 0.00049 recorded across the entire data set, there are no outliers. In other words, there are no instances where the exchange rate differs from the observed norm. This absence of variance suggests that the exchange rate was notably steady during the periods observed.

The dataset provided suggests that the exchange rate in question is largely unperturbed by factors that might typically cause rate fluctuation. There are no visible trends, no evident seasonality, and no detected outliers across all observations. It seems to be a uniquely stable rate within the context of this data set.

Summary of Yesterday

  • Opening:
  • Closing:
  • Difference of Opening & Closing:
  • Daily High:
  • Daily Low:
  • Difference of Daily High & Low:

Statistical Measures

  • Mean:
  • Standard Deviation:

Trend

Analysis of Time-Series Data

From the provided dataset, we can gather the following insights:

Understanding the Overall Trend

The data indicates that the exchange rate of CDF has remained consistently stable at 0.00049 throughout the entire observed period. There are no noticeable increase or decrease in the trend, suggesting a steady market with no significant fluctuation in the CDF exchange rate.

Seasonality or Recurring Patterns

Considering the uniformity of the exchange rate data throughout the time-series dataset, no apparent seasonality or recurring pattern could be identified. The rate stays consistently at 0.00049 per unit time for the duration of the entire dataset.

Potential Outliers

No outliers were identified in the given dataset. All of the exchange rate values were the same (0.00049), so there were no instances where the rate differed significantly from the norm. This is indicative of a highly stable and consistent exchange rate during the time range provided.

In conclusion, the data suggests that the CDF exchange rate was remarkably stable during the observed period with no deviations from the norm, no significant volatility, and no apparent patterns or seasonality. This implies a highly balanced exchange market condition for the currency pairs involving CDF during this time.

Summary of Yesterday

  • Opening:
  • Closing:
  • Difference of Opening & Closing:
  • Daily High:
  • Daily Low:
  • Difference of Daily High & Low:

Statistical Measures

  • Mean:
  • Standard Deviation:

Trend

Overall Trends

Upon reviewing the dataset, it is apparent that the exchange rates between the dates of 2024-04-25 00:00:02 and 2024-04-25 23:55:02 remain constant. The value of CDF column is uniformly fixed to 0.00049, indicating that there has been no increase, decrease or any fluctuation in the exchange rate during this entire timeframe.

Seasonality and Recurring Patterns

As per the given data, there is no visible seasonality or recurring patterns in the changes of exchange rates as the exchange rate value is constant at 0.00049 throughout the recorded period. Seasonal trends and recurring patterns would typically be characterized by identifiable and predictable changes in the data at regular intervals, for which the given dataset doesn't deliver any evidence.

Identification of Outliers

In this dataset, there are no outliers since the exchange rate remains steady at 0.00049 throughout the period of the dataset. An outlier would typically be characterized as a data point that significantly differs from other observations in the dataset. Given that there is no variation in this dataset, there are no potential outliers to identify.

Therefore, the provided dataset depicts a completely stable exchange rate without any evident fluctuations, seasonality, or outliers during the given timeframe.

Summary of Yesterday

  • Opening:
  • Closing:
  • Difference of Opening & Closing:
  • Daily High:
  • Daily Low:
  • Difference of Daily High & Low:

Statistical Measures

  • Mean:
  • Standard Deviation:

Trend

Overview of the Exchange Rates Data

The provided dataset shows the exchange rates (CDF) at specific time intervals on the date 2024-04-24. An initial look at the data reveals that the exchange rate is consistently at 0.00049 throughout this period. Therefore, it appears there is a lack of variance in the exchange rates during this particular day.

General Trend of Exchange Rates

Given all the values in the dataset are 0.00049, there is a constant exchange rate throughout the day on 2024-04-24 without any fluctuations. This indicates a stable market condition for the day in question. By definition, a trend requires a directional shift in values across time, so with no such movements in the data provided, it can be said that there appears to be no distinguishable trend in this instance.

Seasonality and Recurring Patterns

Generally, trends that occur at regular intervals are referred to as seasonality. These patterns could be hourly, daily, weekly, monthly, etc., depending on the frequency and behavior of the data points. However, as the exchange rates data provided has a constant value throughout, it is impossible to detect any seasonality or recurring patterns in this dataset.

Consideration of Outliers

Outliers are values that significantly deviate from other observations in a dataset. Given the constant value in the provided data, it can be inferred that there are no outliers, as all exchange rates remain in the same constant state throughout the provided timestamps without any deviation.

Overall Summary

  • The exchange rates data for the day 2024-04-24 is constant at 0.00049, depicting a highly stable market for that specific day.
  • No discernible trend or seasonality can be identified due to the uniform data distribution.
  • There are no outliers evident in the data, signifying a lack of volatility in market conditions for the given day.

Note: This analysis strictly adheres to the provided data and does not take into account any potential external market factors that can affect the exchange rates such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports.

Summary of Yesterday

  • Opening:
  • Closing:
  • Difference of Opening & Closing:
  • Daily High:
  • Daily Low:
  • Difference of Daily High & Low:

Statistical Measures

  • Mean:
  • Standard Deviation:

Trend

Overview of the Analysis

Upon a close examination of the data provided, it can be observed that the exchange rate, represented by the 'cdf' column, remains stable throughout the given time period. The constant exchange rate of 0.00049 is consistent from the start of the dataset on 2024-04-23 00:00:02 until the end of the dataset on 2024-04-23 23:55:02. This indicates that there is no apparent upward or downward trend in the exchange rates during the observed period.

Analysis of Seasonality

Given that the exchange rates are consistently stable throughout this approximately one day period, there is no discernible seasonality or recurring patterns. The exchange rate remains the same across different timestamps, so it can be concluded that there is no intraday seasonality in the exchange rates.

Identification of Outliers

No outliers can be identified within this dataset. An outlier would typically be characterized by a significant deviation from the mean or trend, however, the exchange rates indicated in this data remain steady. Consequently, there is no opportunity for deviation, making the identification of outliers impossible in this situation.

Consideration of External Factors

According to the specifications, no external factors such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports are to be considered. Thus, the analysis is purely based on the numerical data provided and does not account for possible outside influences on the exchange rates.

Forecasting

A request has been made to not include any forecasts for future rates in this analysis. Therefore, while historical analysis has been conducted, no future predictions or forecasts have been made.

Summary of Anaysis

In summary, the exchange rate data provided exhibits a stable trend with no seasonal fluctuations or outliers. This stability in the exchange rates is observed across all timestamps during the approximately one day period, as specified in the data. It's important to note, this analysis solely represents a description of what is presented in the dataset and does not account for any potential influencing factors not included in the data.

Summary of Last Month

  • Opening:
  • Closing:
  • Difference of Opening & Closing:
  • Daily High:
  • Daily Low:
  • Difference of Daily High & Low:

Statistical Measures

  • Mean:
  • Standard Deviation:

Trend

1. Overall Trend

From the data provided, the exchange rate for CDF between the dates of 22nd April 2024 00:00:02 to 22nd April 2024 23:55:02 shows no change. The rate remains a constant 0.00049 throughout this interval. Therefore, in the given timeframe, the exchange rate does not exhibit a noticeable increasing or decreasing trend. It remains stable.

2. Seasonality or Recurring Patterns

Due to the unchanging nature of the data within the specified period, we can't identify any particular seasonality or recurring patterns in these exchange rates. The exchange rate depicted in the dataset is flat, maintaining the same rate at all given times. Usually, time series data for such rates could show intraday patterns or weekly periodicities due to market activities. However, the provided dataset, unfortunately, does not exhibit such traits.

3. Outliers

Outliers in the dataset would be denoted as sudden and significant spikes or drops in the exchange rate, which would noticeably deviate from the surrounding data. However, in this specific dataset, no outliers are observed. The rate stays consistent at 0.00049 throughout the period under examination. Provided that this steady trend carries true across every data point, no further instances of significant change that could be labeled as 'outliers' exist within this dataset.

In conclusion, there are no conspicuous trends, patterns, or outliers in this dataset. An extended range of data or additional external financial factors might contribute to a more expanded understanding of the behaviour and patterns of this exchange rate.

Recent News