Summary of Yesterday
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
- Standard Deviation:
Overview of the Exchange Rate Trend
The data provided spans roughly a day, starting from midnight and extending till close to midnight of the next day. The overall trend observed indicates a relatively mild increase in the exchange rates over this period. The exchange rate started at approximately 0.37547, and by day-end, it had risen to around 0.3776. This suggests an upward trend in the exchange rate over the given day.
Seasonality and Recurring Patterns
Due to the limited scope of the data provided (only one day's worth of timestamps), it is not possible to ascertain seasonality or recurring patterns with absolute confidence. For seasonality identification, typically, a longer duration of data is needed, encompassing several instances of the seasonality period (daily, weekly, monthly, etc.). However, within this single day of data, some minor fluctuations in the exchange rate can be observed throughout the day that could potentially indicate intra-day trading patterns.
Outliers in Exchange Rates
Outliers, or values that deviate significantly from the overall pattern, are not abundantly clear in this data. The exchange rates do not show any significant spikes or drops within the given day. Generally, the changes from one timestamp to the next are quite small, indicating relatively stable rates throughout the day. Nonetheless, more sophisticated statistical tests would be needed to confirm the presence or absence of outliers, which is beyond the scope of this preliminary analysis.
Non-consideration of External Factors
Please note, this analysis is purely based on the data given and does not take into account any external factors such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports. While such factors can significantly impact exchange rates, they were not considered in this analysis due to the limitations stated in the instructions.