Chilean Peso Forecast

Not for Invesment, Informational Purposes Only

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 Data Trend

    Upon review of the time-series data provided, it's evident that the overall trend of the CLP exchange rate is remarkably stable. The rate initiates at 0.00139 at the start of the day on 29th February 2024, and predominantly retains this value for a substantial duration. There are minor fluctuations near the end of this period where the exchange rate marginally rises to 0.0014 and then to 0.00141, nevertheless, it shortly readjusts backing down to 0.0014. These, even so, are very slight changes and the exchange rate mostly remains level throughout.

    Seasonality and Recurring Patterns

    Whilst reviewing this timeframe, it's hard to identify any clear seasonal or recurring patterns. Given the brief scope, the limited variation in the exchange rate and lack of a distinct pattern make it difficult to determine any seasonality. One trend, nevertheless, is that during the most part of the day time (from around 00:00 hrs to around 08:10 hrs), the exchange rate remains at a constant value of 0.00139 and then fluctuates between 0.00139 and 0.00141 for the rest of the day.

    Outliers in the Exchange Rates

    Within the presented dataset, scarcely any extreme or sudden fluctuations, signifying outliers that might hint at rare or unusual events impacting the exchange rate, emerge. All values oscillate close to the mean exchange rate of approximately 0.0014, with minute increases to a maximum of 0.00141 and decreases to a minimum of 0.00139. The data points show minimal variance, suggesting that no substantial or unexpected events affected this particular exchange rate during the observed period.

    Additional Notes

    Note that the analysis above was conducted without considering any external factors such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports. These factors could potentially impact the exchange rate, contributing to the minor variances observed towards the end of the time period recorded. However, without additional context or data incorporating these considerations, more detailed insights can't be obtained from the provided dataset.

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 Trend Analysis

    After analyzing the provided data, the trend in the exchange rate of CLP appears to be relatively stable for most of the given period. There is a minor fluctuation as observed during the 6:45:02 timestamp when the exchange rate slightly increased from 0.00138 to 0.00139. However, this change of 0.00001 in the rate is not significant and the rate switched between these two values for the rest of the periods suggesting a sort of plateau in the exchange rate trend.

    Seasonality and Recurring Pattern

    In the data provided, there seems to be no clear seasonality or recurring patterns. The exchange rate is consistently stable at 0.00138 for the majority of the time series with few fluctuations to 0.00139. It's hard to detect a pattern given the small range of change in values and the numerous timestamps provided. However, without information regarding what time of day, week, or month these timestamps represent, it would be difficult to determine if there are any repeating long-term cycles or trends.

    Identification of Outliers

    Based on the provided data, no significant outliers can be identified. The exchange rate remained within a tight range of 0.00138 and 0.00139. There are no instances where the exchange rate deviates significantly from these values.

    Conclusion

    In conclusion, the time-series data provided describes a stable financial market with minor fluctuations. Based solely on this dataset, future decisions might favor maintaining a safe and cautious investment strategy since the market shows little volatility. However, for a more accurate strategy, analysis over a longer period or considering other relevant economic factors may be beneficial.

    It is important to note that as per the request, this analysis does not take into account external factors such as market opening/closure, impact of holidays, weekends, key financial reports, or any global or local events which could have significant impact on the exchange rates.

Summary of Yesterday

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

Statistical Measures

  • Mean:
  • Standard Deviation:
  • Trend

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

    Overall Trend of the Exchange Rates

    The exchange rate is quite stable for the majority of the period, maintaining a value of 0.00138 for an extensive time. Only around the timestamp "2024-02-26 07:25:03" does the rate decrease slightly to 0.00137, where it remains constant until the end of the period in question.

    Seasonality or Recurring Patterns

    It is challenging to identify strong seasonality or recurring patterns in this dataset. The data demonstrates a great deal of stability, with only a single occurrence of change in the exchange rate. However, as this change only occurs once, it is impossible to establish this as a recurring pattern or seasonal change based solely on this data.

    Outliers in the Exchange Rates

    Given the relative stability of the exchange rate demonstrated in the data, the decrease to 0.00137 that occurs around "2024-02-26 07:25:03" could be considered an outlier. This change breaks the steady rate of 0.00138 that was constant for a significant section of the period, and afterwards, the rate remains stable at this new rate until the data ends.

    Factors Influencing the Exchange Rate

    As requested, no external factors were considered in this analysis, even though they could potentially play a significant role in predicting and understanding changes in the represented exchange rates. Factors such as market opening/closing hours, weekends/holidays, and the release of key financial news and reports, while not considered in this assessment, could contribute to a more profound understanding of the data and allow for more thorough predictive modeling.

    Future Forecast of Exchange Rates

    As requested, no future forecast of the exchange rates has been provided. If desired in future analysis, this kind of time-series data could certainly be utilized to make predictive forecasts using various statistical methods or machine learning algorithms.

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

    Analysis Summary

    The provided dataset contains information about the exchange rate of the Chilean Peso (CLP), from January 26, 2024 to February 23, 2024. As requested, this analysis will focus on understanding overall trends, identifying seasonality, and noting any outliers in the data.

    I. Understanding Overall Trend of CLP Exchange Rates

    The general trend in this period shows a gradual decrease in the rate. The CLP Exchange rate starts at a value of 0.00148 and slowly decreases over the timeline, ending at a value of 0.00138. This indicates that the value of the CLP relative to the currency being traded against it (assumed to be the USD, though not provided) weakened during this period.

    II. Identifying Seasonality or Recurring Patterns in Exchange Rates

    Regarding seasonality, with the dataset provided it's difficult to identify any clear pattern within a day as the same values are repeated per day for the most part. A recurring pattern is noted from Feb 13, 2024 with a modest rise from 0.00139 to 0.0014, maintaining this level until Feb 21, 2024 before again declining to 0.00138.

    III. Noting Outliers in CLP Exchange Rates

    With given dataset, there are no obvious outliers, as all values appear to sit within a very narrow range of 0.00138 to 0.00148, and changes in rates smoothly transition over time with no sudden large increases or decreases. However, there are instances of mini plateaus, before experiencing decreases (for example from Jan 29, 2024 to Jan 31, 2024) but there seems to be consistent decrease trend.

    Conclusion

    Over the period from late January 2024 to late February 2024, the CLP exchange rates show a trend of gradual decrease, with a modest rise for a week from Feb 13, 2024 to Feb 21 2024. There are no significant outliers in the data with the exchange rate maintaining a fairly consistent value range.

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 time-series data provided, the comprehensive analysis is as follows:

    Understanding the overall trend of exchange rates

    The overall trend of exchange rates shows a mild downtrend. The exchange rate started at 0.0014 and ended at 0.00138 over the given data period. There were minor fluctuations in between with rates dropping to 0.00139 and then reverting back to 0.0014 before finally ending at 0.00138. On the 19th and 20th of February, 2024, the rates remained constant at 0.0014. There was a slight drop to 0.00139 on 21st February which stayed constant till 22nd February. On February 23, 2024 the rates decreased slightly to 0.00138, which stayed constant till the end of the data available.

    Identifying any seasonality or recurring patterns

    There seems to be no noticeable seasonality or recurring patterns in the data. The general pattern shows more stable rates around the range 0.0014 to 0.00138, with only a slight decline over time. There are no consistent or significant peaks and troughs observed within regular intervals that would indicate seasonality.

    Noting any outliers

    There are no distinctive outliers in this data. This means that all the exchange rates given are relatively close to each other and thus, none of them significantly deviate from the overall trend. This might indicate a stable market condition for the currency at this period.

    Please note that this analysis is a rudimentary interpretation of the dataset considering only the provided data. The fluctuations in currency exchange rates can be affected by numerous other external factors such as geopolitical events, central bank decisions, economic indicators etc., which weren't considered for this analysis as per the provided instructions.

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. Overall Trend of the Exchange Rates

    From the provided dataset, it is noted that the exchange rates (CLP) remain quite stable over the entire period shown. The rate begins at 0.00138 at the start of the period and ends at the same rate. Throughout this period, there is a small temporary decrease to 0.00137 before moving back to the initial rate of 0.00138.

    2. Seasonality or Recurring Patterns

    The data does not appear to demonstrate any discernible seasonality or recurring pattern. The rate remains steady at 0.00138 for a significant length of the period with a minor temporary dip to 0.00137. After this dip, the rate returns to its initial state and remains steady for the remainder of the period. It suggests that the rate change does not recurrently fluctuate based on the time frame provided.

    3. Outliers

    There does not appear to be any significant outliers in the dataset provided. The data does not show significant fluctuations that would suggest an anomalous instance deviating from the overall trend. Indeed, the minimal variation (from 0.00138 to 0.00137) can hardly be classified as an outlier given the overall solidity of rates in the period.