Summary of Yesterday
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
- Standard Deviation:
Overall Trend Analysis
The analysis indicates that the exchange rates were relatively stable over the period shown. The rate consistently hovered around 0.00264 and 0.00265 through the entire timestamp, suggesting a steady, unchanging trend. There were slight changes in the exchange rates, but these changes were so minute that they did not exhibit a definite increase or decrease trend. Hence, the overall trend of the exchange rates remains relatively stable and consistent.
Seasonality and Recurring Patterns Analysis
Given the stability of the rates, significant seasonality or recurring patterns were not evident in the provided dataset. Such patterns often present in the data as regular, predictable changes in rates which recur every calendar year, month, week, day, etc. However, the currency rates in this dataset did not exhibit notable repetitive or cyclical patterns within the analyzed timeframe. Therefore, it is reasonably concluded that there is no strong seasonality or recurring patterns identifiable in the exchange rates.
Nearly all of the data points strictly adhere to the range between 0.00264 and 0.00265. The instances where the exchange rate differs significantly from the discussed range (higher or lower) would be considered outliers. In this data, there were no such instances of significant deviation from the general trend of 0.00264 to 0.00265. Thus, no outliers can be identified in the exchange rates data.
In conclusion, the exchange rates data over the period analyzed showcases a consistently stable trend with insignificant fluctuations, suggesting a robust and steady exchange rate condition between the concerned pairs. The lack of seasonality or recurring patterns and the absence of any outliers further reiterate the trend stability.
The interpretation above is solely based on the provided dataset as per the instruction. No consideration has been given to external factors like market opening/closing hours, weekends/holidays, or the release of key financial news and reports. This instruction also prompts the interpretation of the current and past trend, without any indication of future forecasting.