Congolese Franc 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

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.

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

Data Analysis

From the provided data set, the following observations and analysis were made:

1. Overall Trend

Although there are minor fluctuations in the exchange rate over the period, there's an overall downward trend observed. The value started at 0.00049 on 2024-03-22 and ended at 0.00049 on 2024-04-19. There was a slight decrease to 0.00048 on 2024-03-28 and continued till 2024-04-01. There is a smaller decrease again to 0.00047 on 2024-04-01 and continued till 2024-04-09. Thereafter, the rate gradually climbed back to 0.00049 and eventually rose to 0.0005 momentarily on 2024-04-16.

2. Seasonal Pattern/Observation

There does not seem to be an obvious seasonality or recurring pattern in the exchange rates for the given duration. There are fluctuations, but they do not follow a clearly discernible pattern over the days or time. Any shift in values can be considered as normal market volatility rather than a seasonal pattern.

3. Notable Outliers

There's only one instance where the exchange rate idles from the trend, which is when it rises to 0.0005 on 2024-04-16 08:00:02 to 16:00:02. However, this increase appeared to be temporary as the price later stabilized back to its initial rates of about 0.00049. This slightly higher rate could be a result of a temporary increase in demand or a reduction in supply rather than an outlier. While outliers can occasionally occur in financial data due to unforeseen events, this event does not seem to vary significantly from the overall trend displayed in this data set.

Please note this analysis is based on the given data set only and does not take into consideration an external context such as specific economic events, financial reports, or market opening and closing hours that could influence these 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

1. Overall Trend of the Exchange Rates

The overall trend of the exchange rates in the provided data appears to be stable. The exchange rate value fluctuates between 0.00049 and 0.0005, with no significant increasing or decreasing pattern observed. This indicates that the exchange rates are fairly consistent over the timeframe considered in this dataset.

2. Seasonality or Recurring Patterns

At first glance, given the consistency of the exchange rates across the timestamps, it seems there is no apparent seasonality or recurring pattern present in the data. However, a deeper and more detailed analysis would be required to determine the presence of any subtle recurring patterns that might not be immediately evident.

3. Outliers

In the given dataset, since the values of the exchange rates remain extremely close to each other at all times, there does not appear to be any major outliers. An outlier, in this case, would be a value significantly deviating from the 0.00049-0.0005 range, but none such value is present in this dataset.

Note

The analysis done is purely based on the given dataset and does not take into fuel account external factors such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports. A more in-depth analysis would require considering such factors as they can significantly impact 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

1. Understanding the overall trend of the exchange rates

Upon analyzing the given time-series financial data, it is clear that the exchange rates remain stable over the period shown. As we can see, the exchange rate (CDF) stays constant at 0.00049, and no trend of increase or decrease is observed at different timestamps. This indicates that there is no volatility or significant movement in exchange rates during this time frame.

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

In terms of seasonality or recurring patterns in exchange rates, the dataset doesn't provide any clear indication. Given that the exchange rate (CDF) remains stable at 0.00049 across different timestamps, there isn't a pattern of fluctuation that can suggest any seasonality or cyclical trends. It's possible there may be patterns or trends that could be observed over a longer period or with different data.

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

When it comes to outliers or instances where the exchange rate may differ significantly from the trend or seasonality, the dataset doesn't seem to contain any. This is primarily due to the constant exchange rate (CDF) of 0.00049 at each timestamp. Future analysis might reveal outliers if data with more variability in the exchange rate were to be examined.

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