Peso Uruguayo Forecast

Not for Invesment, Informational Purposes Only

Summary of Yesterday

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Statistical Measures

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    1. Understanding the Overall Trend

    Based on the dataset provided, it appears the overall trend of the exchange rates is largely stable. The value starts at 0.03479 and ends at 0.0346 with minimal large fluctuations within this period. However, there is a mild depreciation observed as we can see that the exchange rate decreases very slightly over the time period shown.

    2. Identifying Seasonality or Recurring Patterns

    In terms of seasonality or recurring patterns, it's a little tricky to determine from the data provided. Due to the time scale involved (5-minute intervals) and given we only have a day's worth of data, it's difficult to establish a definitive seasonal or cyclical trend. We could deduce more if provided with data over weeks, months, or years.

    3. Noting Outliers

    There does not seem to be any significant outliers in the given dataset. Exchange rates typically do not fluctuate massively over such short periods of time (5-minute intervals) unless driven by significant market-moving incidents. The dataset seems to represent a relatively stable currency pair which shows only minute fluctuations in the rate over this single-day time period.

    Further, more comprehensive insights could be gained by applying statistical methods and time-series analysis tools on a more diverse, longer-term dataset.

Summary of Yesterday

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Statistical Measures

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    Overall Trend Of The Exchange Rates

    The overall trend of the exchange rates seems to be slightly increasing. The start rate is 0.03461 and after several fluctuations, it ended with 0.03478 with a few peak points reaching 0.03484. But the increase is very slight and mostly the rate is pretty stable.

    Seasonality or Recurring Patterns in The Changes Of Exchange Rates

    At a glance, the data doesn't seem to indicate a clear seasonality or recurring patterns within the given time frame. The exchange rate is not fluctuating dramatically and mostly remains stable with very slight tendencies to increase.

    Outliers Or Instances Where The Exchange Rate Differs Significantly

    There are a few instances where the exchange rates differs slightly with the peaks reaching at 0.03484 but in general, the fluctuations in price over this time period are not very drastic. Most of the time, the exchange rate is circulating around the average and hence we can't identify any explicit outliers in this dataset.

    External Factors

    As per your request, specific events or external factors like market opening/closing hours, weekends/holidays, or the release of key financial news and reports were not considered in this analysis.

    Future Forecasts

    As per your request, future forecasts for the exchange rates were not generated based on this dataset.

Summary of Yesterday

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Statistical Measures

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  • Trend

Summary of Last Month

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Statistical Measures

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    1. Overall Trend of Exchange Rates

    After observing the dataset, it is apparent that the overall trend of the UYU exchange rate is an incremental rise. Starting from a rate of 0.03457 at the beginning of the dataset, the rate reaches to a high of 0.03514 before receding a bit to end the period at 0.03508. Although there are periods of relative stability and slight fluctuations up and down, the long-term trend is an increase.

    2. Seasonality and Recurring Patterns

    From the presented data, it seems that there may be some periods of the day where the UYU exchange rate experiences greater volatility, however, it would require a finer granularity of data to confirm this conclusively. For substantial periods of time, the rate remains stable with minor fluctuations. So, clear and consistent recurring patterns or seasonality in this data is not visible.

    3. Outliers in Exchange Rates

    Scanning through the dataset, there aren't any large or significant outliers observed. The exchange rate of UYU remains within a reasonably tight range throughout the observed period. The data seems to be consistent without any abrupt jumps that would signify unexpected events or outliers. The slight fluctuations that do exist are normal and typically observed in financial time-series data. This consistency of data showcases a stable and predictable financial exchange environment during the provided time period.

    Notes

    Please note, as instructed, this analysis does not take into account any specific external factors or events such as market opening/closing hours, weekends/holidays, or the release of any key financial news or reports. It also does not provide a forecast for future rates, the interpretation is strictly based on historical data.

Summary of Last Week

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Statistical Measures

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    Initial Observations

    Initially, upon analysis of the data, it appears the dataset consists of timestamps along with the corresponding exchange rates (UYU) at that given time. This gives us time-series data that reflects changes in currency value over a certain period.

    Trend Analysis

    Over the given period, the UYU exchange rate appears to exhibit a generally downward or depreciating trend. This is evident as the rate decreases from around 0.03465 units on 2024-01-26 to around 0.03451 units on 2024-02-23. Thus, the UYU's value appears to be decreasing over this period.

    Seasonality and Recurring Patterns

    Identifying seasonality or recurring patterns in exchange rate data can be challenging due to the inherently volatile nature of currency markets. However, it appears that the rate exhibits some degree of volatility daily. This might suggest a daily pattern or cycle that could potentially be related to the regular opening and closing of global foreign exchange markets.

    Outliers Identification

    In this dataset, there seems to be no significant outliers. The exchange rate stays within a relatively narrow range throughout the observed period. It's important to note that lack of outliers doesn't mean an absence of key moments. It's just that those moments don't deviate significantly enough from the general trend to be classified as 'outliers'.

    Other Observations

    While no external factors like market opening/closing hours, weekends/holidays, or the release of key financial news and reports were considered in the analysis, it's important to note that such factors can still have a significant impact on exchange rates in reality. For instance, the release of critical economic data can cause sudden and significant changes in exchange rates.

    In summary, the UYU exchange rate appears to be trending downwards over the given period. The data seems to exhibit daily volatility, suggesting potential daily patterns or cycles. Lastly, no significant outliers were observed in this dataset. Please note that this analysis is based on the data provided and does not account for other potential influences on exchange rates.

Summary of Yesterday

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Statistical Measures

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    Understanding the Overall Trend

    When looking at the data given for the UYU exchange rate, the initial read suggests a very slight increasing trend from an exchange rate value of 0.03437 to a value of 0.03451 over a period from 19th February 2024 to 23rd February 2024. However, the increase is minimal and thus can also be considered relatively stable over this short period. No significant fluctuations or sharp increases or decreases are apparent in the given period.

    Identifying Seasonality or Recurring Patterns

    Since the provided dataset only covers a span of four days, it may not be sufficient to conclusively determine the seasonality or recurring patterns. Broadly speaking, the data seems to lack any specific pattern, and the exchange rates seem more random than seasonal, remaining more or less within the same range. However, data over a more extended period would be necessary to identify any seasonal trends or recurring patterns reliably.

    Outliers Identification

    In this short span, there are no significant outliers. The exchange rate remains within a very tight range between 0.03437 and 0.03452 and does not exhibit any extreme values that would constitute outliers. It is noteworthy that there are small momentary increases and decreases, but given the overall trend and range, these cannot be classified as outliers.

    Summary and Conclusion

    In summary, over the short timeframe from 19th February 2024 to 23rd February 2024, the UYU exchange rate shows a very gentle increase but is largely stable. There don't appear to be patterns or seasonality in the data provided, and no significant outliers can be detected. It's recommended to gather data over a more extended period for more accurate pattern detection and trend analysis.

Summary of Yesterday

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Statistical Measures

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  • Trend

    Based on the exchange rate data you provided, here is a comprehensive analysis.

    1. Understanding the overall trend of the exchange rates

    It appears that the exchange rate of UYU doesn't show significant depreciation or appreciation over the period covered in the dataset. The changes are quite minute overall, only showing slight fluctuations. The smallest recorded value in the dataset is 0.03438 and the highest value is 0.03455. This indicates that, for the most part, the exchange rate remained stable and consistent.

    2. Identifying any seasonality or recurring patterns in the changes of exchange rates

    Upon inspecting the dataset, there seems to be no distinct seasonality or reoccurring patterns in the changes of the exchange rates. The values fluctuate slightly throughout the period, but there doesn't appear to be any significant cyclical movement or pattern that repeats over a specific interval.

    3. Noting any outliers or instances where the exchange rate differs significantly from what would be expected based on the trend or seasonality

    As stated earlier, the dataset doesn't exhibit any noticeable trend or seasonality that could be used as a basis for predicting the exchange rates. Also, due to the minimal movement in the exchange rate throughout the entire dataset, there have been no significant outliers or unexpected instances registered in the period covered by the data.

    In conclusion, the UYU exchange rate demonstrated in this dataset is reasonably steady, with no clear trend, seasonality, or notable outliers. Please note that this analysis does not consider external influencing factors such as market hours, weekends/holidays, or key financial news and releases.