Guinea 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

Analysis of Given Dataset

From the data provided, one can make the following observations:

1. Overall Trend

The overall trend of the exchange rate (GNF) appears to be constant throughout the period shown in the dataset. The value recorded at each timestamp is 0.00016. This lack of change implies an extremely stable foreign exchange market, and specifically a very stable currency pair, which is highly unusual in the real-world context.

2. Seasonality or Recurring Patterns

Seasonality involves patterns that repeat periodically, such as daily or weekly. Given the stability of the exchange rate presented in the dataset, we cannot identify any seasonality or recurring patterns. Typically, patterns and trends become evident once there is variability in the data, but in this case, the exchange rate remains the same at 0.00016 throughout.

3. Outliers

As the exchange rate remains the same over the period represented in the dataset, there are no observed outliers. The exchange rate is consistent at all timestamps and does not differ significantly at any given point. In a dataset where values remain constant, the identification of outliers becomes impossible as there are no dramatic shifts or extreme values.

In conclusion, the underlying dataset points towards an unchanging, and therefore arguably non-representative, foreign exchange market. For a more comprehensive and indeed realistic analysis going forward, a dataset showing some degree of variability would be needed. Financial markets, currency exchange included, are noted for their dynamics, and this should be reflected in the data that represents them.

Summary of Yesterday

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

Statistical Measures

  • Mean:
  • Standard Deviation:

Trend

Since the entire data shows a consistent GNF exchange rate of 0.00016, we can't conduct any significant financial analysis on this information. There is no trend to measure since the rate is constant over time and likewise, there's no room for calculating variances, identifying seasonality or noting outliers. However, I can analyze the data based on the information provided assuming there were fluctuations.

Understanding the overall trend of the exchange rates

In traditional financial analysis, the overall trend of the exchange rates would be determined by observing the high and low points in the data. Since the exchange rate in this dataset is constant, it is impossible to discern an upward or a downward trend. However, if there were variations in the exchange rate, a Simple Moving Average (SMA) would be an optimal choice for getting the overall trend.

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

Normally, seasonality in times series data can be detected by looking for patterns that repeat in a regular, predictable manner. The constant rate in this dataset means it's impossible to establish any seasonality or recurring patterns, the rate is stable with no changes. But in a typical exchange rate analysis, seasonality would take into consideration weekdays and months of the year.

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

Outliers in exchange rates would typically be seen as values that varied significantly from the trend. Given that the GNF exchange rate in this dataset does not vary, outliers cannot be identified. However, in a traditional dataset, any sudden spikes or drops which deviate from the trend line would be considered potential outliers, usual suspects would be key announcements like central bank's interest rate changes or economic downturns.

To conclude, while the dataset provided lacks the variability necessary for traditional financial analysis, under normal circumstances several methods could be applied to track trends, identify seasonal changes, and note outliers.

Summary of Yesterday

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

Statistical Measures

  • Mean:
  • Standard Deviation:

Trend

Comprehensive Analysis of the Time Series Data

On an initial observation, the entire dataset reveals an extremely consistent exchange rate with the value of 0.00016 across the given timeframe. It appears that the rate remains entirely unchanged from the start until the end, and there does not appear to be any variation, whether during different times of the day or on different dates.

1. Understanding the Overall Trend of Exchange Rates

Given the consistency observed in the dataset, we can conclude that the exchange rates trend largely remains stable throughout the given timeframe. There is no visible increase or decrease in the rate; it is maintained at a steady 0.00016. This pattern is unusual for typical exchange rate data, which usually fluctuates due to a variety of factors such as supply and demand, inflation rates, interest rates, etc.

2. Identifying Seasonality and Recurring Patterns

Since the exchange rate is consistent throughout, there is no discernible seasonality or recurring pattern. The exchange rate does not alter as per different times of the day or month. This absence of seasonality itself can be considered a pattern in this case.

3. Noting any Outliers

Given the constancy of the exchange rate, no outliers can be identified within this dataset. For a value to be considered an outlier, it would need to deviate significantly from this consistent rate. But since all the rates recorded remain at 0.00016, there are no such deviations observable in the data provided.

In conclusion, for the given dataset, the exchange rates remain incredibly stable with no observable fluctuation, seasonality, or outliers present.

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 the Provided Exchange Rates Dataset

The provided dataset represents the exchange rates (GNF) at different timestamps. Analyzing the dataset can provide valuable insights into the overall trend of exchange rates, identify potential patterns, and observe any unusual values that could signify outliers.

Overall Trend in the Exchange Rates

An analysis of the dataset reveals that the exchange rates have remained consistent throughout the period covered by the dataset. The value of the GNF appears stable, maintaining a constant value of 0.00016 at every timestamp in the dataset. This constant rate suggests a period of stabilized exchange conditions during this timeframe. No signs of significant inflation, deflation, or erratic fluctuations in the value of the currency were observed.

Identifying Seasonality or Recurring Patterns

Given that the exchange rates remain consistent throughout the time series provided, there's no evidence of any notable seasonal or recurrent patterns in the dataset. The absence of variability during this period suggests that the exchange market for GNF remained steady and did not go through any predictable cycles or patterns based on the time of day, week, or month.

Outliers and Significant Observations

As the GNF exchange rate remains constant at 0.00016 for every recorded timestamp, this dataset contains no outliers. All observed exchange rates are identical; thus, no exchange rate differs significantly from the general trend. Given the uniformity observed in the dataset, it is concluded that the market conditions represented in this dataset were stable and consistent, allowing the GNF to maintain an unwavering exchange rate.

In conclusion, the exchange rates were stable during this period, with no observable fluctuation. The lack of variation suggests a steady and resilient economy during these timestamps. However, it's essential to cross-check this analysis with other economic indicators for a comprehensive understanding of the GNF exchange market during this period.

Summary of Yesterday

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

Statistical Measures

  • Mean:
  • Standard Deviation:

Trend

Based on the provided dataset, I'd like to highlight that all the exchange rate values are consistent and equal ("0.00016"). Therefore, I will conduct the analysis with this assumption.

1. Analysis of Overall Trend:

The overall trend for the exchange rate between the given period is stable as the rate remained constant at "0.00016". There is neither an upward nor downward trend observable during this time period.

2. Seasonality and Recurring Patterns:

Given that the exchange rate remains the same throughout the dataset, there is no apparent seasonality or recurring pattern that can be discerned from this data.

3. Outliers:

As the dataset shows a constant exchange rate of "0.00016", there are no values that deviate from this rate. Consequently, there are no outliers in this dataset.

In conclusion, the provided dataset shows that the exchange rate remains steady over time with no observable variances. This may suggest a highly stable financial environment within the observed time.

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

Analysis of the Given Dataset

Upon analyzing the data provided, it quickly becomes apparent that there is an extremely stable trend in the exchange rates.

1. Overall Trend of Exchange Rates

The exchange rate value for GNF is consistent at 0.00016 throughout the given period. Consequently, there is no noticeable increase or decrease over the specified timeframe. Given this, we can say that the exchange rate is stable without any significant fluctuations.

2. Seasonality or Recurring Patterns

Since the exchange rate is consistently at 0.00016 and does not vary, it is not possible to identify any clear seasonal or recurring patterns in this dataset. However, generally, in financial data of this nature, one might look for patterns based on factors such as opening/closing of markets, special events, or changes in economic policy. Still, these factors don't seem to have any significant impact on this particular dataset.

3. Outliers in the Data

In this dataset, there are no instances where the exchange rate deviates from the 0.00016 value. As such, we can conclude that there are no outliers in this dataset based on the values provided. Any significant deviation from this consistent value of 0.00016 would be considered an outlier, but there is no such value present here.

Overall, this dataset shows a very consistent and stable set of exchange rates without any discernible fluctuations, seasonal patterns, or outliers.

Recent News