Congolese Franc Forecast

Not for Invesment, Informational Purposes Only

Summary of Yesterday

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Statistical Measures

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Trend

1. Understanding the overall trend of exchange rates

Based on the dataset provided, the exchange rate (CDF) remains consistent throughout the time series at 0.00049. From the beginning of the record at 2024-05-21 00:00:02 until the end of the record at 2024-05-21 23:55:02, the exchange rate does not fluctuate and remains at a constant rate.

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

Given that the exchange rate remains consistent throughout the time series, there are no discernible seasonal or recurring patterns in the data set. With a constant exchange rate of 0.00049, no variation is observed across different timestamps. Therefore, it is not possible to identify any recurring patterns or seasonality.

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

Again, given the constant exchange rate throughout the dataset, there are no outliers or significant deviations. The exchange rate is consistently 0.00049 across all timestamps, suggesting that throughout this specific time period, the exchange rate was surprisingly stable and we cannot see any unexpected behavior in the data.

Summary of Last Month

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Statistical Measures

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Trend

Upon analyzing the given data, the following observations were made:

1. Overall Trend:

The overall trend of the exchange rates shows stability. The rate value oscillates between 0.00048 and 0.00049 throughout the data points, which signifies a low volatility in this context. There are no significant increases or decreases observed in the exchange rates over the period shown in this dataset.

2. Seasonality and Patterns:

There doesn't seem to be any clear seasonal or recurring pattern within these exchange rates. As the data maintains a stable range throughout all the timestamps provided, it's difficult to identify a cyclical pattern or trend in this data. It would require further analysis, possibly with more granular data, to identify any intra-day or inter-day patterns, however, the current dataset does not have sufficient degree of variations to confidently identify any patterns.

3. Outliers:

In the context of this dataset, an outlier would be any rate that significantly deviates from the observed range of 0.00048 and 0.00049. Through the analysis of the provided data points, it can be observed that there are no such outliers. All the rates remain within the stable aforementioned range.

It is also important to note that, per your instructions, this analysis did not consider any external factors such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports. Often, exchange rates are influenced by such factors, however, without this context, the aforementioned analysis is purely based on the values provided within the dataset. Please consider incorporating these factors for more comprehensive and accurate analyses.

Furthermore, a prediction or forecast for future rates could significantly increase the scope and utility of this analysis. However, as requested, this analysis do not include any such prediction or future forecast.

Summary of Last Week

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Statistical Measures

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Trend

Analysis of CDF Exchange Rate Time Series Data

The data set comprises a time series of an identical CFD exchange rate value of 0.00049 from the time span of 2024-04-19 to 2024-05-17 at different timestamps. This data falls in the period of about nearly a month.

1. Overall Trend of Exchange Rates

In this dataset, the CDF exchange rate seems to be a constant at the value of 0.00049. There are no noticeable increases or decreases in the value during the period. Therefore, it appears to be entirely stable throughout the data set.

2. Seasonality or Recurring Patterns

In this data set, as all the exchange rates remain the same, it is not possible to identify any seasonality or recurring patterns. Normally, seasonality would be indicated by patterns repeating at regular intervals in the data, but here, the constant nature of the exchange rates doesn't allow for this level of analysis.

3. Outliers

Given the uniformity of the data, there are no apparent outliers in the data set. An outlier would be a significantly different value from the others, but in this case, since all the values are the same, no such variations exist.

In conclusion, this dataset does not depict any meaningful fluctuations, periodic patterns, or significant deviations. It would be beneficial to have data showcasing more dynamic movements in the exchange rate to provide a more comprehensive and valuable analysis. Without such variations, in-depth analyses, such as trend spotting, identifying seasonality, and detecting outliers, are not applicable to this dataset.

Summary of Yesterday

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Statistical Measures

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Trend

Comprehensive Analysis of the CDF Exchange Rate Dataset

From the raw data you provided, here is a step-by-step analysis of the trends, patterns, and outliers in the exchange rates data based on timestamps.

1. Overall Trend of the Exchange Rates

Upon analyzing the data set you provided, a noticeable pattern is that the exchange rate maintains a stable figure throughout the time period examined. The rate given throughout this timeframe remains constant at 0.00049. This behavior suggests that during this timeframe, the market for this particular exchange rate seems to have maintained equilibrium, showing no indication of either appreciation or depreciation.

2. Seasonality or Recurring Patterns

In terms of seasonality or recurring patterns, the data does not display any since the exchange rate maintains the same value throughout the monitored timeslot of each day. Over the course of this three-day period from 2024-05-13 to 2024-05-17, there were no peaks or troughs observable in the exchange rate at any specific time. Seasonality usually implies a recurring cycle or pattern over a specified period, but there isn’t a detectable pattern in this dataset as the exchange rate remains at 0.00049.

3. Outliers

As for the existence of any outliers, it is not applicable in this case. The definition of outliers usually involves values that significantly deviate from other observations in the dataset. In this dataset, with all the values being the same (0.00049), no instances deviate from this value, meaning that there are no outlier instances based on the trend or seasonality.

Lastly, it's important to state that while this analysis is based purely on the provided data, external factors like market events, geopolitical events or unexpected news can dramatically impact CDF exchange rates. This analysis does not account for such possible circumstances.

Summary of Yesterday

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Statistical Measures

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Trend

Comprehensive Analysis of the Financial Time-Series Data

The provided data represents a time series of CDF exchange rates for different timestamps. The provided timestamps are from May 17, 2024, ranging from 00:00:02 to 14:55:01. The CDF exchange rate remains constant at 0.00049 for the majority of the time series.

Understanding the Overall Trend of the Exchange Rates

The exchange rate value of 0.00049 persists across all the data points mentioned, except for one instance at 10:10:04, where it briefly dropped to 0.00048. This consistency suggests a primarily stable exchange rate over the period represented, albeit with a slight, short-lived decrease at the mentioned timestamp.

Identification of Seasonality or Recurring Patterns

Given the consistency in the exchange rate value across the time series data, there are no obvious signs of seasonality or recurring patterns. The exchange rate remained stable for the date stated.

Significant Outliers in the Dataset

  • The dataset shows one considerable anomaly - the rate at 10:10:04 (0.00048). This rate is notably lower than the prevailing 0.00049 rate that dominates the dataset. It's crucial to note that this single instance doesn't significantly impact the overall trend due to the brief period and slight magnitude of the change.

General observations from the data also include:

  • The exchange rate data collected is uniform over regular timestamped intervals, thereby ensuring a continual representation of the exchange rate across the period.
  • Despite the single anomaly, the consistency of the exchange rate could indicate a relatively steady, non-volatile condition for the currency exchange market during this period.

Summary of Yesterday

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  • Difference of Daily High & Low:

Statistical Measures

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  • Standard Deviation:

Trend

Overall Trend of the Exchange Rates

The exchange rate data provided indicates a remarkably stable rate of 0.00049 over the entire period sampled. These values hint towards a consistent trend in the exchange rates, with no appreciable increase or decrease discernible based on the values provided. This kind of stable trend is fairly uncommon in exchange rate data, which tends to fluctuate in response to a multitude of factors such as the economic performance of the related countries, geopolitical events, and public sentiments among others. In this case, the CDF exchange rate appears to be remaining steady at the 0.00049 mark.

Seasonality and Recurring Patterns

Given that the provided data maintains a constant value at all timestamps, there seems to be neither seasonality nor recurring patterns within the dataset. Usually, seasonality refers to periodic fluctuations in the data series that repeat over regular intervals - daily, weekly, monthly, etc. In this case, since the exchange rate remained at 0.00049 for the entire duration of the sampling period, we cannot discern any such periodic changes. Similarly, the identification of recurring patterns needs variability in data which isn't present in the dataset provided.

Outliers in the Data

An outlier is a data point that substantially diverges from other observations in a dataset. In this dataset, as the exchange rate remains consistent at 0.00049, we do not have any outliers because there are no recorded fluctuations. However, in a typical exchange rate dataset, an outlier might indicate significant economic event but these would need to be further investigated in order to confirm.

Given the remarkably steady nature of this exchange rate data, it might be worthwhile to double-check its source and collection methods. This could serve to ensure that the stable nature of this dataset is an accurate representation of the exchange rate's behavior during this period, rather than being the result of inaccuracies or errors in data collection.

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 Exchange Rates

Based on the dataset provided, the exchange rates have remained entirely steady with a rate of 0.00049 across all the timestamps. That is from 2024-05-15 00:00:02 to 2024-05-15 23:55:02. There is no discernible increase or decrease. Accordingly, the overall trend for this particular period is stable.

Seasonality or Recurring Patterns

With a consistent exchange rate of 0.00049 across all time intervals, it is clear that there's no observable seasonality or recurring patterns in this dataset for the given day.

Outliers

Given the constant exchange rate observed throughout the entire dataset, there are no outliers or significant variations from the established pattern. Each entry maintains the same exchange rate of 0.00049 without exceptions.

Please note that this analysis is based solely on the dataset provided and not considering any specific events. External factors such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports are not within the scope. At this point, a forecast for future rates is not provided as per the instructions.

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