Chilean Peso Forecast

Not for Invesment, Informational Purposes Only

Summary of Yesterday

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  • Difference of Daily High & Low:

Statistical Measures

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Trend

Overall trend of the exchange rates

The overall trend of the exchange rate in the provided data is relatively stable. The rate mostly stuck around 0.00144 from the starting till the end of the given period. The exchange rate's minor fluctuation to 0.00145 could be seen, however, the change was diminutive and was not persistent. Therefore, it would be accurate to say that the exchange rate largely remained constant throughout this timeframe.

Seasonality or recurring patterns in the exchange rates

The examination of the data does not strongly indicate any seasonality or recurring patterns. As previously stated, the rates mostly remain consistent, with few minor fluctuations. These changes do not seem to follow any time-related (hourly, daily) pattern that could suggest a seasonal trend. Without further data or longer-term trends, it's difficult to definitively ascertain any recurring patterns.

Outliers in the exchange rates

In the given dataset, the exchange rates oscillated between 0.00144 and 0.00145. Here, 0.00145 appeared only a few times contrasting the majority frequency of 0.00144. However, considering the tight range of data, these instances cannot be conclusively pointed out as outliers. It would be more of an erratic change rather than an outlier. From the time series data provided, no instances deviating significantly from the trend have been noticed.

In summary, the understanding derived from the time series data of CLP exchange rates suggests a stable trend with negligible fluctuations. No distinct patterns or outliers were perceptible from the provided data. It should be noted that for more comprehensive insights, a broader dataset over a longer timeframe, or data with more variability, might be required.

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 of the Exchange Rates

The dataset shows that overall, the exchange rates remained largely stable. The rates were consistently at the level of 0.00143 most of the time. On around the 5:50:02 mark, there was a slight increase in the exchange rate to 0.00144 and it remained at that level for the rest of the period. As such, there is no apparent increasing or decreasing trend in the rates as they are relatively flat.

Seasonality or Recurring Patterns

Given the dataset provided, there doesn't appear to be any clear seasonality or recurring patterns in the exchange rates. The values remained almost constant, reflecting minimal volatility in these rates. The absence of a distinct pattern indicates that the CLP exchange rate during this period did not fluctuate according to any identifiable seasonality.

Outliers

There are no clear outliers in this dataset. The data is largely consistent and adheres within the range of 0.00143 and 0.00144. Consequently, no particular instance stands out where the exchange rate strays significantly from the overall trend.

However, the minimal increase from 0.00143 to 0.00144 observed around 5:50:02 could be considered as a mini "spike" within the largely stable dataset. It might be interesting to investigate if this minute change signifies anything substantial in the market, although without any additional context or data, it is difficult to offer any explicative analysis.

Summary of Yesterday

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

Statistical Measures

  • Mean:
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Trend

Data Analysis

The data provided records the CLP exchange rate over time, from '2024-04-23 00:00:02' until '2024-04-23 23:55:02'. Each timestamp has a corresponding exchange rate value. Our analysis will be based solely on this given data without considering other potential influencing factors such as financial news or market timings.

Overall Trend

Observing the provided data, it is likely that there has been little to no change in the CLP exchange rate within the provided time frame. The same rate of 0.00144 persists for the majority of the dataset until '2024-04-23 12:15:03' at which point the rate decreases slightly to 0.00143 and holds steady at this new rate for the rest of the time period.

Seasonality and Recurring Patterns

Given the short period (only one day) and considering the stability of the exchange rate within this time, no clear seasonality or recurring trends in the exchange rate can be identified.

Outliers

In this case, there are no clear outliers in the data. An outlier would be a dramatic spike or drop in the exchange rate, but the entire dataset fluctuates between two very closely related values (0.00144 and 0.00143). Thus, no outliers were identified within this specific data.

Conclusion

In conclusion, the CLP exchange rate hints at a period of stability over the examined date with a minor decrease midway through the day. No discernible patterns, trends or outliers are immediately apparent. The uniformity of the values suggests either a lack of volatility in the rate or insufficient variability in the independent variables affecting the exchange rate in the given timeframe.

Summary of Last Month

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Statistical Measures

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Trend

1. Understanding the Overall Trend of the Exchange Rates

From the dataset provided, it's observable that the exchange rate between started at a value of 0.00143 which was maintained for a large portion of the data. It then increased slightly to 0.00144 and maintained that level. This identifies a generally stable trend with a minor increase as time progresses.

2. Identifying Seasonality or Recurring Patterns

Considering that there are some fluctuations in the exchange rate, the same value is sustained for long stretches of time. This can mean that there is a minimal level of seasonality or recurring patterns in these changes as the data remains relatively constant. The fluctuations could be due to external market factors, but since we are not considering these factors for this analysis, it would be safe to assume that the trend suggests a minimal seasonality or cyclical pattern.

3. Noting Any Outliers

Given the relatively constant exchange rate throughout the provided timestamps, it's important to note that there are no significant outliers in this dataset. The exchange rate remains consistent for large portions of the time series data and only increments slightly. Therefore, there are no instances where the rate deviates significantly from the general trend.

Note:

This analysis is purely based on the provided dataset and does not consider external factors that potentially could cause spikes or drops in exchange rates such as macroeconomic indicators or geopolitical events. Such factors are critical to understanding the driving forces behind these exchange rates, but are beyond the scope of this analysis as mentioned.

Summary of Last Week

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Statistical Measures

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Trend

Understanding of Overall Trend

From the given data, it can be observed that the overall trend of the CLP exchange rate is somewhat stable with minor fluctuations. However, if we look closely, there is a slight decline in the exchange rate from 0.0014 on 22nd March 2024 to 0.00137 on the 29th March 2024. But after this, the rate increases again reaching up to 0.00144 on 4th April 2024. After that, the exchange rate starts declining again reaching 0.00141 on 15th April 2024 and remains stable at this rate throughout the remaining period in the dataset.

Seasonality and Recurring Patterns

The dataset does not hold daily data, and the data points are also not consistent in time to derive any concrete seasonality or recurring pattern in the exchange rates. The provided dataset may need a more comprehensive time series data with solid consistency for effectively identifying seasonality.

Identification of Outliers

Considering the dataset provided, it's hard to determine any outliers in the exchange rates as they are maintained within a narrow band of 0.0014 and 0.00137. The highest rate recorded is at 0.00144 and the lowest at 0.00137, suggesting a quite stable and tight range. Hence, there do not seem to be any significant outliers in this dataset.

Note: It's important to mention that an anomaly or outlier detection in a financial time series like this would usually consider various external factors like financial news impact, global events, political news which are not considered in this report as per the 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

This is an analysis of the provided time-series dataset recording the changes in the exchange rates of the Chilean Peso (CLP) over a certain time period. This analysis focuses on understanding the overall trend, identifying seasonality and noting any significant outliers in the data.

1. Overall Trend

Based on the dataset, the exchange rates of the CLP against the US dollar are generally stable with slight fluctuations over the given period. The exchange rate started at 0.00143 on 2024-04-15 01:00:02, reaching its lowest at 0.0014 on several occasions, and peaked at 0.00144 on 2024-04-19 09:00:03. Over time, there isn’t a distinct pattern of rise or fall indicating a downward or upward trend. The small fluctuations imply a relatively stable market during this period.

2. Seasonality and Recurring Patterns

From the given dataset, it seems there is no strong recurring pattern or seasonality in the exchange rate of CLP. Given that the data spans for a few days, we can observe periods with slight decreases and increases, but these changes do not appear at regular intervals to denote a certain pattern or seasonal trend. However, deeper analysis with more data spanning over a year or more might bring out clear seasonal patterns.

3. Outliers

An outlier in this context is an exchange rate that is significantly different from the others in the dataset. In this case, the given exchange rates are clustered around the 0.0014 to 0.00144 range. The dataset does not display any noticeable outliers, all changes in the exchange rates are slight and within a narrow range.

It is important to remember that this is an analytically driven interpretation, and while it attempts to provide insight based on the available data, external factors such as market conditions, monetary policy, and geopolitical events, amongst others, can greatly influence currency exchange rates. Therefore, further analysis and insights could be gained by considering other information beyond the given time-series data.

Summary of Yesterday

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

Statistical Measures

  • Mean:
  • Standard Deviation:

Trend

Data Analysis

The data provided is a time-series data comprising of timestamped exchange rates (CLP). On analyzing the given data set, the following observations are made:

Overall Trend of Exchange Rates

The exchange rates have generally remained stable over the given period, with slight fluctuations seen. The rate starts at 0.00143 at 2024-04-19 00:00:02, and after minor fluctuations, it remains more or less constant with a little drop to 0.00142 around 2024-04-19 01:55:02. It stayed at that rate for a while before rising back to 0.00143 around the start of 2024-04-19 05:20:01. After fluctuating between 0.00142 and 0.00143, there's a subsequent increase to 0.00144 noted at around 2024-04-19 08:50:02 onwards. The value peaked at 0.00145 at 2024-04-19 10:45:02 before dropping back to 0.00144 where it remained until the end of the dataset.

Seasonality or Recurring Patterns

There are no apparent seasonality or obvious recurring patterns within this dataset based on the provided data. The slight fluctuations in rates happen randomly and are not noticeably cyclical or recurrent. There might be underlying patterns in the broader dataset or based on further external factors which are not considered here.

Outliers in the Dataset

There are no visible outliers in the provided dataset. All exchange rates are pretty close to each other and don't show any significant deviation from the trend. The highest observed rate is 0.00145 on 2024-04-19 10:45:02; however, this increase is less significant and short-lived and doesn't classify as an outlier.

NOTE

This analysis is purely based on the given data set and does not consider any external factors such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports. It's always recommended to evaluate the effect of these factors while making any critical financial decisions or forecasts.

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