Quetzal Forecast

Not for Invesment, Informational Purposes Only

Summary of Yesterday

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Statistical Measures

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Trend

1.

Overall Trend in Exchange Rates

The overall trend in the exchange rates appears to be fairly stable. Starting from an exchange rate of approximately 0.17638, it fluctuates within a very small range. There are subtle peaks and valleys suggesting slight increases and decreases, but these do not vary significantly away from the starting point. There is an noticeable dip towards 0.17568 at around 06:25, however it rebounds quickly and stabilizes around the initial levels. Hence, there isn't any strong trend towards increasing or decreasing over time.

2.

Seasonality and Recurring Patterns

From the time series data provided, it's difficult to identify any specific seasonality or repeating pattern. The data represents approximately a day's worth of exchange rates, which is unfortunately too short a period of time to identify a seasonal pattern or trend that recurs over days, weeks, months, or years. However, one can observe intra-day patterns such as slight volatility at certain hours of the day but further data would be needed for a more comprehensive picture.

3.

Identification of Outliers

In this dataset, the most recognizable outlier seems to occur at around 06:25 when the exchange rate dips down to 0.17568. This is a significant deviation compared to the usual range in which the rate fluctuates. Besides this instance, there aren't any other periods where the rate varies significantly from the general trend.

Please note that these observations are based purely on numerical analysis of the given dataset. Detailed reasons behind these trends and outliers would require investigation into additional factors such as news events, governmental policies, and other macroeconomic factors which are not part of the provided data.

Summary of Yesterday

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  • Difference of Opening & Closing:
  • Daily High:
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Statistical Measures

  • Mean:
  • Standard Deviation:

Trend

1. Overall Trend Analysis

Upon analyzing the time-series data provided, the overall trend of the exchange rates (GTQ) seems to be relatively stable. A minor fluctuation within the range of 0.17607 and 0.17696 can be observed over the given period. While a specific increasing or decreasing trend is not prominently clear due to these closely ranged fluctuations, it can be said that the exchange rate maintained a marginal upward trend given that it started from approximately 0.17666 and ended slightly higher at around 0.17640.

2. Seasonality and Recurring Patterns

Speaking of seasonality or recurring time-bound patterns, due to the limitation of the data (all belonging to the same date), it's a challenge to identify any prominent daily seasonality in this data set. Additional data spanning over multiple days, weeks or months would provide insights into any possible cyclical patterns or seasonal trends that could be present in such exchange rate data.

3. Outliers Analysis

Regarding outliers, the dataset appears to hold none. The exchange rates throughout the period remain within a close range, with no outright spikes or drops implying extreme rate changes. As such, all the changes stay within a predictable range based on previous and subsequent rates.

For a more comprehensive and accurate analysis, having access to a broader dataset that includes additional variables and spans over an extended period would be key. This would allow a better understanding of both consistent patterns and anomalies, and would render the analysis more robust.

Summary of Yesterday

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Statistical Measures

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Trend

Overall Trend of the Exchange Rates

The overall trend of the GTQ exchange rate in the provided dataset is generally fluctuating. The initial rate started at 0.17622 and depict a subtle increasing trend and hit the maximum of 0.17667. The data does not show a consistent and significant increase or decrease but rather a series of rises and drops in the exchange rate.

Seasonality in the Exchange Rates

In terms of seasonality or recurring patterns, it's difficult to conclusively confirm any seasonality based on the provided data. The data spans for what appears to be a single day (23rd April 2024), and thus, weekly, monthly, or yearly seasonal tendencies cannot be ascertained. The minute-to-minute and hourly fluctuations do not seem to follow a strict pattern but seem to be dictated by more complex factors than just the time of the day.

Outliers in the Exchange Rates

Most of the GTQ exchange rates in the dataset are in the range of 0.17620 - 0.17667. An outlier here can be considered as any value that deviates significantly from this range. However, based on the data provided, we do not seem to have any significant outliers as most rates are closely around these values. The one value that could possibly be considered an outlier, although not by a large margin, is the noticeable sudden increase to 0.17658 at timestamp 2024-04-23 20:05:02. Despite this, given the range of the data, it would be a stretch to categorize this as a true outlier.

It's important to remember that the behavior of financial time series data is influenced by a multitude of factors, and without considering external circumstances such as political events, economic reports, or market sentiment, it's challenging to make precise interpretations.

Summary of Last Month

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Statistical Measures

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Trend

Overall Trend Analysis

The data follows a time series over various timestamps, which allows us to analyze the overall GTQ exchange rate trend. Initial observation from the data set shows minor fluctuations, but there is no noticeable increase or decreasing trend overall. The exchange rate seems to remain relatively stable, ranging from approximately 0.175 to 0.177 over the period given.

Seasonality or Recurring Patterns

Considering the limited dataset provided, no specific seasonal trends or recurrent patterns can be identified over the given period. For accurate seasonality or pattern analysis, a more extended data period would be necessary to denote any annual or biannual seasonality trends in exchange rates.

Outliers and Significant Instances

Upon an initial review of the given data, there are no significant outliers observed where the exchange rate deviates significantly from the general range of values. Most of the reported rates are relatively similar in value, with minor fluctuations typically associated with exchange rate markets.

Additional Considerations

It is important to note that external events such as market opening/closing hours, weekends/holidays, and release of financial news and reports significantly impact exchange rate data. While this analysis does not consider these factors, including this data and comparison in future analyses might give a holistic view of trends, patterns and outliers of the GTQ exchange rate.

Summary of Last Week

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Statistical Measures

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Trend

Analysis Results

Given the timestamps and the corresponding GTQ exchange rates, the dataset allows for a detailed time-series analysis concerning the overall trend, recurrent patterns, and possible outliers. Here's what we've found:

1. Overall GTQ exchange rate trend

Based on the given data, there isn't a consistent linear trend in the GTQ exchange rate from the start of the dataset to the end. However, it's crucial to note that the rate seems to be fluctuating around the 0.174—0.177 range. While there are minor ups and downs evident in the data, overall, the exchange rate remains somewhat stable. In some intervals, for instance around 2024-03-26 or 2024-03-28, the exchange rate shows a slight decrease with time, and then for periods like 2024-04-01 to 2024-04-08, a slight increase is depicted. Further, it should be noted that these fluctuations are very minute and do not constitute a large deviation.

2. Seasonality and recurring patterns

Considering the nature of the data (exchange rates), it's not typical to experience high seasonality, especially not in the short period this dataset represents. If the data is further divided into bins (like hour of the day, day of the week, or week of the month), slight fluctuations might become apparent, but no clear cycle or recurring pattern can be discerned directly from the provided data. These may exist at a more granular level, and additional statistical analysis may help bring them to light.

3. Outliers in the GTQ exchange rates

There do not seem to be any significant outliers in terms of spikes or dips in the GTQ exchange rate in the provided dataset. However, it is worth noting a slight anomaly that occurs around the timestamp 2024-03-28, where the GTQ drops to 0.17349 from an average of 0.174. Though this is not a massive drop, it is somewhat noticeable compared to the relative stability around it.

Final Remarks

As specified in the task, this analysis does not account for external factors like market opening/closing hours, weekends/holidays, or the release of key financial news and reports, which may have significant impacts on financial trends. For a more comprehensive understanding of the GTQ exchange rates and their fluctuations, these factors should also be taken into consideration.

Summary of Yesterday

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Statistical Measures

  • Mean:
  • Standard Deviation:

Trend

Analysis of Time Series Data: GTQ Exchange Rates

Given the dataset of the GTQ exchange rates, the analysis has been performed as under:

1. Overall Trend

The exchange rate data starts from an initial value of 0.17656 and ends at 0.17667. Over the period, it can be seen that the rates are relatively stable. There's a slight increase to a peak around 0.17788 before it starts declining again. However, there's no sharp increasing or decreasing trend, rather the rates seem to fluctuate about a certain mean.

2. Seasonality or Recurring Patterns

Considering the time-series data provided, the visibility of any specific seasonal trend is limited. However, there are observable recurrent fluctuations in the exchange rate within regular time intervals over the period. These oscillations might hint periodic patterns, but this needs a deeper time series analysis.

3. Outliers

Most of the values in data lie in the range of 0.176 to 0.178 approximately. A data point would be considered an outlier if it differs significantly from this range. Based on the provided dataset, no obvious outliers come into view.

Conclusion

In conclusion, the exchange rate exhibits a gently waving trend with minor fluctuations over the period. It mostly remains stable within a certain range, without displaying sharp increase or decrease. Also, the data does not show clear signs of distinct seasonality or outliers.

Please bear in mind that deeper analysis using statistical tools for time series analysis can give more precise interpretation.

Summary of Yesterday

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

Statistical Measures

  • Mean:
  • Standard Deviation:

Trend

Data Analysis

The time series financial data given pertains to changes in exchange rates (GTQ) over time. A date-time column is provided with the accompanying rate at that particular timestamp. Let's dive into the analysis of this data.

1. Overall Trend of the Exchange Rates

There doesn't seem to be a steady rise or fall in the overall exchange rates from the given dataset. The rates have been fluctuating within a range of 0.17622 to 0.17704 GTQ, indicating a generally stable trend. There are no prolonged periods of consistent increase or decrease.

2. Identifying Seasonality or Recurring Patterns

Given the data is short-term (within a single day), it's challenging to ascertain any seasonality or recurring patterns in the exchange rates. Usually, for detecting seasonality, we need data spanning over multiple periods (e.g., cycles of weeks, months, quarters, etc.). Therefore, the dataset doesn't necessarily provide enough information to support a conclusive finding related to seasonality or recurring patterns.

3. Outliers in the Exchange Rates

One potential outlier in the data may be found between the timestamps of 2024-04-19 06:25:02 to 2024-04-19 07:15:02 where the exchange rate peaks at 0.17704 GTQ. It is higher than the usual trading range seen during the entire period. However, whether this can be considered a significant outlier depends largely on the typical variability of the GTQ exchange rates, which requires a more extensive dataset for accurate comparison.

Please note that the analysis provided here is predicated upon the basic understanding of the data provided without considering any external factors like market opening/closing hours, weekends/holidays, or the release of key financial news or reports. We are also not generating any future forecasts for these rates.

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