Lempira 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 Trend of the Exchange Rates

    The dataset spans a period of a day, and the overall trend shows a slight volatility in the HNL exchange rate. Values start around 0.05504, dip to a minimum of around 0.0548, rise to a high of 0.05511 before declining towards 0.05488. The highest rate is not significantly different from the opening rate, indicating relative stability with minor fluctuations. This indicates that there is no clear upward or downward trend in the given period, with some periodic minor fluctuations.

    Seasonality or Recurring Patterns

    Considering the data spans only a single day, it's difficult to identify pronounced seasonality or recurring patterns on a larger scale. However, intra-day patterns were noticed, with the HNL exchange rate experiencing fluctuations that appear to have a cycle during the day. However, more data would be needed covering a broader timespan (weeks, months, or years) before we can meaningfully conclude on seasonality.

    Outliers in the Exchange Rates

    The HNL exchange rate data's outliers are relatively few, indicating that the exchange rate was stable without severe spikes or troughs over the period in question. The fluctuations stayed within a tight range of around 0.0548 to 0.05511, underlining the stability and lack of extremes in the rate's movements.

    In conclusion, the HNL exchange rate over this particular day displayed stability, minor fluctuations with no significant upwards or downwards trend and few to no extreme outliers.

Summary of Yesterday

  • Opening:
  • Closing:
  • Difference of Opening & Closing:
  • Daily High:
  • Daily Low:
  • Difference of Daily High & Low:

Statistical Measures

  • Mean:
  • Standard Deviation:
  • Trend

    Understanding the Overall Trend

    Based on the given dataset, the exchange rate manifests a slight increasing trend over the specified period. It starts from 0.05478 at the beginning of the period and ends at 0.05503. Though the fluctuations are not significantly high, there is a noticeable increase.

    Identifying Seasonality or Recurring Patterns

    Recurring patterns or seasonality may not be visible due to absence of detailed data on a broader timescale (like yearly or monthly data). This dataset spans a single day, therefore seasonal patterns such as those on a quarterly or yearly basis cannot be deduced. Additionally, within this 24-hour period, no clear repeating pattern can be discerned. The exchange rate does not appear to be governed by the time of day.

    Outliers Identification

    Looking through the data, no significant outliers or instances where the exchange rate differs significantly from the expected trend can be appreciated. Fluctuations in exchange rate seem to be within a normal range throughout this given period. Therefore, it can be inferred that the market remained relatively stable during this day.

    Note

    Please take into account that the conclusions drawn here are purely based on a technical analysis of the data points provided, and no external factors such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports have been considered.

Summary of Yesterday

  • Opening:
  • Closing:
  • Difference of Opening & Closing:
  • Daily High:
  • Daily Low:
  • Difference of Daily High & Low:

Statistical Measures

  • Mean:
  • Standard Deviation:
  • Trend

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

    Overview of the Exchange Rates Trend

    Analyzing the provided data, it can be observed that the exchange rates have displayed a certain level of fluctuation. However, there is an observable trend of maintaining stability within a relatively narrow bandwidth, with the minimum value at 0.0544, and the maximum at 0.05478. A notable dip in the trend is observed around the timestamp '2024-02-26 14:30:02' where the value drops to 0.0544 from previous stable values. Afterwards, the values start to increase gradually before stabilising back into the narrow range mentioned earlier.

    Seasonality or Recurring Patterns

    Within the given dataset, no discernible seasonality or recurring pattern can be observed by purely analyzing the provided time-series data. The data appears to be fluctuating within a steady range, but without a regular pattern of highs and lows tied to the specific time of day or a recurrent timeframe.

    Identifying Outliers

    One possible outlier in the dataset can be identified at the timestamp '2024-02-26 14:30:02' where the value sharply drops down to 0.0544. This sudden dip is noticeably different from the surrounding data points, marking it as an outlier. Outside of this point, no other significant outliers are immediately visible in the data.

    Please note, as requested, this analysis does not take into account external factors such as market opening/closing hours, weekends/holidays, or releases of key financial news and reports, which could exert marked influence on the exchange rates and potentially create outliers or induce apparent patterns.

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:

    The data provided shows hourly HNL exchange rates from January 2024 to February 2024. The total data points provided are for a span of around 30 days.

    Overall Trend:

    The overall trend of the exchange rate over the provided timeframe appears to be fairly stable. The rate begins at around 0.05438, and it ends approximately at a similar value of 0.05438. In between, the value fluctuates but does not seem to show a clear increasing or decreasing trend. For a deeper understanding of the trend, a more detailed examination, like a moving average or time series plotting, could be employed.

    Seasonality or Recurring Patterns:

    Briefly reviewing the dataset, it does not seem to showcase any particular pattern. However, a more accurate method would be to conduct further statistical testing - such as Autocorrelation Function (ACF) and Partial Autocorrelation Function (PACF) checks - to identify any hidden patterns or seasonality in the data. Another factor to note is that exchange rates are impacted by multiple micro and macroeconomic factors, and it is rare to find regular patterns or seasonality without considering these variables.

    Outliers:

    Looking at the data, there seems to be one clear outlier where the exchange rate spikes to 5.45402, which is significantly different from the rest of the data set. Outliers can be identified with statistical techniques such as the Z-score or IQR methods. Any identified outliers should be examined further to judge whether they are due to genuine variance or may be errors that require cleaning or adjustment in the data.

    Note: This analysis does not include any external influences such as market hours, weekends/holidays, and key financial news, which could have an impact on the exchange rates. A more comprehensive analysis may need to incorporate these factors.

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 Trend Analysis

    Upon examining the dataset, the overall trend observed in the HNL (Honduran Lempira) exchange rate appears to be relatively stable with a slight increase over the analyzed period. The rate opens at 0.0546 on 2024-02-19 and closes at approximately 0.05438 by 2024-02-23. While there is minor fluctuation observed within this range throughout the days, the general movement isn't significant. There is a slight upward peak reaching 0.05489 on 2024-02-21 and downward trough dropping to 0.05431 on 2024-02-22, however, these are short-lived and quickly return towards the overall average rate.

    Seasonality and Recurring Patterns

    Investigating the possibility of seasonality or recurring patterns in this dataset is complex due to the limited span of this data. As we only have roughly four days of information, it's difficult to estimate weekly or monthly periodicity. That being said, the data seems to show a small fluctuation within the day with peaks being reached around midday to afternoon and troughs occurring in the early morning hours. This suggests a potential daily pattern, however, more data would be needed for a conclusive finding.

    Identification of Outliers

    There are a few instances within the data where the exchange rate differs more significantly from the overall average. These could be potential outliers. Specifically, on 2024-02-21, the rate peaks at 0.05489, which is the maximum value in the dataset and significantly higher than the trend line. Conversely, on 2024-02-22, the rate drops to 0.05431, which is far below the average. It's important to note, however, that these fluctuations could be due to a variety of factors, including trading volumes or economic news, and might not necessarily indicate an anomaly.

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 Trend of Exchange Rates

    Upon initial observation, the exchange rates provided in the data show minor fluctuations. Although the value ranges, it maintains within a close proximity of 0.0544 for the most part, with occasional peaks around 0.0546 and valleys nearing 0.0543. The range of the data is less than 0.001 (<0.1%). This suggests that the exchange rate is fairly stable over the period, with little to no significant upward or downward trajectory. There might be some minimal upward and downward trends within shorter intervals; however, these are marginal and do not impact the overall stability of the exchange rate across the examined time frame.

    Seasonality or Recurring Patterns

    Based on the provided dataset, it's challenging to identify clear seasonality or recurring patterns. The data spans over a single day, without any explicit cyclical trends or patterns discernible within that duration. Longer time frames (covering multiple days, weeks, or months for example) would be required to confidently discern daily or weekly seasonal patterns.

    Notable Outliers

    From the provided dataset, no conspicuous outliers can be identified. Given the slight variation in the exchange rate (ranging between 0.0543 and 0.0546), there aren’t any significant spikes or dips that stand out. Rather, the exchange rate follows a fairly steady and stable trajectory throughout. This indicates that the exchange rate during the observed period didn't witness any abrupt or drastic fluctuations that would comprise an outlier.