Summary of Yesterday
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
- Standard Deviation:
Overall Trend Analysis
Looking at the data provided, the exchange rate seems to exhibit a slow and steady increase over time. It starts at 0.0076 and over the course of a day, it gradually increases to 0.00764. The trend is not dramatic, but fairly consistent. This would indicate a situation where the value of the currency in question is slowly gaining in relation to the other currency over this short time frame.
Seasonality and Recurring Patterns
Regarding seasonality or recurring patterns, with the given data of 24 hours time series, it's difficult to determine any precise pattern. It would require more extended periods, maybe weeks or months, to confidently say if there's a diurnal (day/night), weekly, or monthly pattern.
However, it might be observed that there's a minor fluctuation in the rates, probably due to different market activities, but no clear seasonal pattern can be identified from the provided 24 hours time series data.
No real outliers can be observed in the given data. All values range between 0.0076 and 0.00764, showing no drastic, sudden changes in the exchange rate. Therefore, no specific point values differ significantly from what would be expected based on the upward trend identified earlier.
While this analysis does not take into account any specific external events or consider any factors like market timings or financial news, it's important to note that in a real-world setting, these factors can significantly influence exchange rates. However, with the limited scope of data, such details have not been incorporated into our analysis.
The analysis made here provides a summary of rate changes in a 24 hour period tracking the DJF exchange rate. For a more comprehensive understanding and accurate forecasting, a more detailed analysis involving longer periods and accounting for known external influences would be highly beneficial.