Summary of Yesterday
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
- Standard Deviation:
The provided dataset represents time-series financial data for the exchange rate (DKK). It runs from midnight on February 29, 2024, until just before midnight of the same date. The data represents the changes in the exchange rate after almost every 5 minutes.
Overall Trend of Exchange Rates
After initial analysis, the trend appears to be generally stable, with minor fluctuations throughout the period. The exchange rate started at 0.19733, dipped to 0.19675 during the afternoon, and finally closed at 0.19685. It fluctuated from a low of 0.19657 to a high of 0.19783 during the period.
Seasonality and Recurring Patterns
Due to the limitation of data (only one day data), it is a bit challenging to ascertain seasonality. However, if we look at daily seasonality, There seem to be certain times at which the exchange rates slightly increase, such as around 02:50 to 03:20 and from 07:20 to 07:30. Also, it appears like the rates slightly decrease around 04:55 to 05:30 and from 13:35 to 13:50. These could indicate some daily seasonality patterns.
Outliers in Data
Looking at the data, there do not appear to be any severe outliers or instances where the exchange rate differs radically from its general pattern within this one-day period.
As per the request, external factors such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports have not been considered in this analysis. Please note that these factors can significantly affect the exchange rates.
Please note that this analysis gives a high-level understanding of the exchange trends, seasonality and possible outliers. For a more detailed and accurate interpretation, consider analysing a longer period of data and using more complex methods, including statistical ones.