Comoro Franc Forecast

Not for Invesment, Informational Purposes Only

Summary of Yesterday

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  • 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

Upon reviewing the data provided, the overall trend of the exchange rates is relatively stable. For the major part of the given time sequence, the specific exchange rate remaining constant at 0.00297, then shifts slightly to 0.00298 and then oscillates between these two rates nearing the end of the sequence. This depicts that exchange rates did not experience volatile changes or dramatic increases or decreasing trends within this period.

Seasonality or Recurring Patterns

In terms of seasonality or recurring patterns, it's hard to determine any significant patterns from the data provided. Since the exchange rate remains almost constant throughout, it is challenging to identify any seasonality or cyclical trends without additional context or a broader range of fluctuating data.

Outliers In The Data

As for outliers or instances where the exchange rate differs significantly from the established trend, there do not appear to be any prominent outliers. The data maintains a highly uniform pattern and the fluctuations are minimal - varying between only two adjacent values - hence, no significant deviation or outlier from the trend is visible.

In conclusion, the exchange rate represented in this dataset was quite stable over the given timeframe, showing minimal variations and no significant outliers. A broader range of data could provide a deeper view into the potential impacts of external factors on the exchange rate.

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

The dataset begins at a value of 0.00296 on 2024-04-24 00:00:02 and remains stable on this value till 2024-04-24 07:40:02. The value then slightly increased to 0.00297 and remained stable for a significant amount of time again. Then another increase is observed on 2024-04-24 12:10:02 bringing the value to 0.00298 where it remains relatively steady with few minor fluctuations between 0.00297 and 0.00298.

This suggests that the exchange rates have a slight upward trend within the data, with three minor fluctuations. The data presents a case of relative stability with only minute upward shift over time.

Seasonality and Recurring Patterns

Given the data provided, it is challenging to identify any strong seasonality or recurring patterns due to the stability of the exchange rate over the examined time period. However, there is a small pattern noticeable with the exchange rate going through a cycle of slight increase, stabilization, slight increase, stabilization, and so on. This pattern is not very pronounced but it is the only discernible recurring pattern within the provided dataset.

Outliers

No outliers have been observed in this dataset. As the exchange rates remain fairly stable throughout the entire data set with only very slight increments, none of the data points deviate significantly from the general 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

Overall Trend of the Exchange Rates

The dataset you provided ranges from 0.00295 to 0.00297 with no significant increase or decrease over the period. The exchange rate generally stays in the band of 0.00296 to 0.00297. This suggests that during this time period, the market has been relatively stable with minor fluctuations. The exchange rate remains consistent throughout, indicating a stable financial environment with minor volatility.

Seasonality or Recurring Patterns

In the analysis of the dataset, there is no clear seasonality or recurring pattern evident from the exchange rate. The rate doesn't change significantly at any particular timing or period. The rate is primarily steady ranging from 0.00296 to 0.00297. This implies that the exchange rate is not affected by certain delineated time-related factors during this period. Hence, the dataset does not show any periodic or regular fluctuations that could be interpreted as seasonal behavior or a recurring pattern.

Outliers in the Exchange Rates

Regarding identification of outliers, it is noted that one instance where the exchange rate dips to 0.00295. This instance can be treated as an outlier when compared to the rest of the data where rates are either 0.00296 or 0.00297. Other than this minor deviation, no significant outliers are observed in the dataset. This single instance of difference does not represent a major change in the trend or pattern of the exchange rate.

Summary of Last Month

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  • Difference of Daily High & Low:

Statistical Measures

  • Mean:
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Trend

Overall Trend of Exchange Rates

Based on the metric exchange rates KMF (Comorian Franc) provided in the dataset for the given timestamps, the exchange rate appears to have remained broadly stable over the period shown, with a minor deviation at one or more points during the course of the 24-hour days. The majority of the observed KMF exchange rate was 0.00297, indicating a state of relative price stability. However, there is a brief period in the dataset where the exchange rate dropped to 0.00296 before returning to 0.00297. Such fluctuations, though minor, allow for potential opportunities in the foreign exchange market.

Seasonality or Recurring Patterns

Given that we are analyzing forex rates which are hypersensitive to market conditions, minor differences in values can be significant. In this dataset, a pattern emerges where the exchange rate gently switches between 0.00296 and 0.00297 without significant variation beyond these two values. Although we do not see a clear cyclic pattern associated with specific times of the day, the seemingly random switch may be linked to the opening hours of different international trading zones or factors not reflected in the dataset. However, we would need more data to establish this with certainty.

Identification of Outliers

In this dataset, an outlier can be considered as instances where rates plummet or spike unexpectedly. However, as per the data provided, such drastic movements have not been observed. The exchange rates appear uniformly distributed around the 0.00296 and 0.00297 mark, with fluctuations between these two values, hence no significant outliers could be identified. This signifies that the KMF exchange rate remained largely consistent throughout the described period.

It should be noted that while the data exhibits stability, it's always important to remember that the nature of exchange rates is inherently volatile, and they are deeply influenced by real-time events not captured in this dataset such as geopolitical shifts, economic indicators, and market sentiment.

Summary of Last Week

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

Statistical Measures

  • Mean:
  • Standard Deviation:

Trend

Overall Trend of Exchange Rates

The dataset shows minimal fluctuation in the KMF exchange rate over the period from March 22, 2024, to April 19, 2024. The exchange rate remained stable between 0.00296 and 0.00303. The most frequent exchange rate is 0.00298, followed by 0.00299 which indicates a generally stable trend over the analyzed period.

Identification of Seasonality

Given the high frequency of the data and the relatively short duration of the period covered, identifying any seasonality or recurring patterns is rather challenging. It is notable that the minimum rate (0.00296) and the maximum rate (0.00303) happened a few times during this time period. However, exact patterns or specific seasonality in the exchange rate changes over time couldn't be definitively determined based on the provided dataset alone.

Notable Outliers

There is no evident outliers in the dataset. All the values lay within a very small range (0.00296 to 0.00303). It suggests there were no instances during this time period where the exchange rate significantly deviated from the overall stable trend.

Conclusion

In conclusion, the KMF exchange rate remained relatively stable over the course of the observed period from March 22, 2024, to April 19, 2024. There was minimal variance and no apparent outliers. The trend is generally stable, with occasional minor fluctuations.

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

From the provided time-series data, a general analysis shows a slight increase in the KMF exchange rate over the period. This increase is not substantial, but it is relatively consistent, which could indicate a stable rise in the currency's value. The exchange rate gradually increased from 0.00297 in the first days to 0.00298, and eventually to 0.00299. After that, it oscillated mostly around 0.00298 and occasionally dropping to 0.00297.

Seasonality or Recurring Patterns

As far as seasonality is concerned, there are no obvious patterns that can be discerned based on the provided dataset. The values display a fairly uniform distribution throughout the entire time range, without any clear cyclic or repeating patterns. However, a more detailed analysis, possibly involving advanced statistical methods or machine learning techniques, might reveal subtle temporal tendencies that are not immediately apparent.

Identified Outliers

The data series appears to be quite smooth and relatively steady, with no major fluctuations, which suggests that there are no significant outliers. The exchange rate consistently fluctuates in a narrow band between 0.00297 and 0.00299. None of the recorded exchange rates deviate from this range, which suggests that the rates were stable during the time span without any unexpected or unusual values.

Please note that this is a general analysis based on the provided data and does not take into account external factors that might influence the exchange rate, such as economic events or market conditions.

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 Exchange Rates

Upon analyzing the time series data of exchange rates, it is observed that the rates have displayed marginal fluctuation but remain largely stable. The rates have been oscillating between 0.00298 and 0.00297, with a subtle change taking place at around the third quarter of the period under analysis. The rates began at 0.00298 and despite the minor falls to 0.00297, ended at the same level of 0.00297. Thus, although the rates have shown small variations, the overall trend can be characterized as stable.

Seasonality and Recurring Patterns

In terms of seasonality and recurring patterns, the exchange rate data does not exhibit any significant repetitive behaviour. The data spans a single day, and the exchange rate exhibits a common pattern of minor fluctuations. There is a very slight dip to 0.00297 for a period, followed by a return to 0.00298, which is largely inconsistent and occurs at different intervals. Therefore, it can be asserted that the dataset does not reveal any clear seasonality or recurring pattern.

Outliers in the Exchange Rate Data

As far as outliers are concerned, there is no significant deviation in the exchange rate that could be regarded as an outlier. The rates remain within the narrow band of 0.00297 and 0.00298 throughout the dataset. While the drop from 0.00298 to 0.00297 might be the largest movement in this dataset, it is only a minor change and consistent with the general behavior of the data. Consequently, it cannot be termed as an outlier.

In summary, the dataset of exchange rates for this particular period suggests a stable trend with minor deviations, no clear pattern or seasonality and no notable outliers.

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