Swedish Krona Forecast

Summary of Yesterday

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Statistical Measures

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Trend

Overall Trend Analysis

The overall trend in the exchange rates is showing slight fluctuation within a very narrow range. The rates have been oscillating between approximately 0.125 and 0.126 during the given period. However, the discrepancy does not indicate any significant upward or downward trend in general. This might be due to constant readjustments in the currency market to balance out demand and supply of SEK.

Analysis of Seasonality or Recurring Patterns

With respect to the given dataset, observing any seasonality or recurring pattern needs data over an extended period because exchange rates are impacted by numerous macroeconomic factors. However, based on the provided data, there is no evident seasonality or recurring pattern, but rather the exchange rates seem to be influenced by daily trading volumes and activities.

Outliers Identification

From the presented data, it does not appear to be significant outliers. Majority of the transactions are in a very close range band suggesting the market is in a state of equilibrium during the observed period. There are minor variations, however, these cannot be considered as outliers based on the given dataset, as the maximum fluctuation is within the expected range in the forex market.

Again, it's worth mentioning that this analysis is strictly limited to the provided data, and an in-depth analysis might yield different insights about the exchange rate trends, especially when considering longer periods or factoring in the influence of external events.

Summary of Yesterday

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

Statistical Measures

• Mean:
• Standard Deviation:

Trend

Comprehensive Analysis of SEK Exchange Rates

The data provided is a financial time-series dataset that provides the exchange rate of SEK (Swedish Krona) at different timestamps. I have analyzed it based on the following factors:

1. Overall Trend of Exchange rates

The overall trend seems to be decreasing in nature. The exchange rate starts at 0.12645, reaches a peak of 0.12645 shortly after, and then gradually descends to 0.12595. Some fluctuations are noticeable along the way, with minor increases and decreases, but they do not alter the overall downward trend. Please consider creating a line graph or similar visual depiction to better understand this trend.

2. Seasonality

From the data set, we can't directly spot any clear-cut seasonal pattern or recurring changes in the SEK exchange rate. To discern patterns like daily or hourly seasonality, we need a larger data set that covers multiple cycles of the potential seasonal period.

3. Outliers

The data do not seem to consist of any significant outliers. The exchange rate remains within a narrow band of values throughout the period without any sudden spikes or drops. This implies a relatively stable market condition during this timeframe without the dramatic effects of major news or market events. More detailed statistical analyses like Z-score or IQR methods could be used to confirm this and pinpoint any minor outliers.

Please note: This analysis has been provided based on raw figures and does not consider any external factors like market opening/closing hours, weekends/holidays, or the release of key financial news and reports. These factors could have significant impacts on the exchange rates and could help provide a more nuanced understanding of the observed trends.

Please also bear in mind that while this analysis can shed light on past trends and patterns, it does not generate any forecasts for future rates. Such predictions would require sophisticated algorithms and models, and may inherently involve a certain degree of uncertainty.

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

The given data set of the SEK exchange rate shows smaller fluctuating movements between the range 0.12574 - 0.12660. The data starts at the value 0.1259 and end in 0.12644. The overall trend of the exchange rate displays a very slight upward evolution. However, the increase is mild and not characterized by sharp upward movements.

Seasonality and Recurring Patterns

In the case of this specific time-series data, any seasonal or recurring patterns aren't immediately identifiable. The exchange rates vary with minor fluctuations, suggesting that the currency rate is quite stable during this particular period. There does not seem to be a particular timeframe where noticeable spikes or dips in rates occur.

Outliers & Significant Changes

In the given dataset, no significant outliers are noticeable. The exchange rate remains within a narrow range, indicating stability. Any deviations from the average do not appear to be dramatic, further reinforcing the notion of relative stability in the exchange rate during this period.

One noticeable prediction about exchange rates in such markets is that their variations are impacted by many variables, global & economic updates, which are not included in this data. Therefore, this analysis is mostly limited to the description of the data provided rather than on explaining what causes the changes or predicting future rates.

Summary of Last Month

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Statistical Measures

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Trend

Overall Trend Analysis:

The data provided ranges over a day starting from midnight to near the end of the same day. Upon initial analysis, there are no drastic changes, indicating a somewhat stable trend in the exchange rates. The smallest recorded value is 0.12559 and the largest is 0.12603, which is a relatively small fluctuation for a day's trading. Despite very slight and small fluctuations throughout the day, the trend seems reasonably steady, without any significant upward or downward activity observed.

Seasonality and Recurring Patterns:

The nature of the timestamp spanning only over a day limits the ability to identify seasonality or recurring patterns. Seasonality often becomes visible over a longer period, usually several months or over a year. Nevertheless, during the day, it could be noted that the exchange rates experienced small peaks and troughs, suggesting the existence of intraday trends, although these changes are minimal. These could be attributable to activities in local and international markets, as exchange rates are influenced by a variety of micro and macroeconomic factors.

Outliers and Significant Variations:

In line with the previously mentioned trends, there are no prominent outliers or instances where the exchange rate departs significantly from the day's trend. The exchange rates operated within close boundaries, suggesting no sudden events that could have influenced demand or supply dynamics significantly within this day. However, without a deeper historical context or additional data on market conditions, the conclusion is based solely on the provided data.

Future analysis could benefit from assessing the data in terms of trading session hours, as the foreign exchange market operates 24 hours and different trading sessions (Asia, Europe, and America) could exhibit different volatility levels and trends. Furthermore, an extended timeframe could also reveal longer-term trends, seasonality, and potential cyclical patterns.

Keep in mind that this analysis is strictly quantitative and based on historical price development within a limited timeframe. Other qualitative factors, such as economic indicators, geopolitical events or monetary policy changes, commonly influencing exchange rates, were not taken into account.

Summary of Last Week

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Statistical Measures

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Trend

Analysis of SEK Exchange Rate Time-series

1. Understanding the overall trend of the exchange rates

From an overall perspective, the given dataset shows a slight decreasing trend for the SEK exchange rate over the time period. Looking at the beginning of the dataset, on the date of 2024-03-22, the exchange rate started at 0.12898. Towards the end of the dataset, on 2024-04-19, it has decreased slightly to 0.12577.

2. Identifying Seasonality or Recurring Patterns

Upon further examination, there appears to be no distinct recurring or seasonal pattern in the SEK exchange rate within this dataset. This suggests potentially that the rates do not necessarily depend on the period of the day or specific days within the week. However, another dataset with a broader timeline might help to identify any potential seasonal patterns. It also doesn't mean there are no patterns, but within the given data and timeframe, none are visibly prominent.

3. Noting any Outliers

When considering the presented data, few outliers can be identified. On 2024-04-11, the rate drops to 0.12722, and on 2024-04-18, it drops to 0.12510; these are some of the lowest rates and deviate from the trend. On these dates exchange rate decreased more significantly than on the average day for the period observed.

In conclusion, this analysis provides an overall understanding of the SEK exchange rate movements during the specified time period. Notable changes in the rate were highlighted, and while there were not any significant recurring patterns visible, slight fluctuations suggest a mild downward trend. Finally, a few outliers were identified and discussed.

Again, it is important to stress that this analysis is purely based on the provided data and does not take into consideration the broader economic context or specific events that might have influenced these exchange rates. For further analysis, it could be beneficial to take a broader dataset and potentially apply more sophisticated statistical methods.

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

The overall trend of the exchange rates is slightly decreasing. On April 15, 2024, the rate starts from 0.1267 and by April 19, 2024, it ends around 0.12576. There are fluctuations in the exchange rates, however, the absolute decrease from the start to the end of the period implies a gradual decreasing trend overall.

Seasonality and Recurring Patterns

Seasonality or recurring patterns are not clearly visible in the provided dataset. The exchange rates vary periodically throughout the day, yet there's no consistent pattern indicating a certain time of the day or specific days with notably higher or lower rates. More data might be needed to establish or reject the presence of seasonality or any recurring patterns.

Outliers

There are no clear outliers within the given dataset — where the exchange rate differed significantly from the norm. The data mostly remained between 0.125 and 0.127. This implies a fairly stable exchange rate without any major spikes or drops within the period of the data given.

Note: This analysis strictly relies on the provided data. The efficiency of the analysis could be improved with more data, which would allow for better identification of long-term trends, seasonality patterns, recurring anomalies, or outliers. Additionally, cross-referencing this data with relevant factors or events could increase the precision of the analysis.

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

After reviewing the time-series data representing changes in SEK exchange rates, an overall upward trend is noticeable. The exchange rate begins at 0.12534 (at time 2024-04-19 00:00:02) and ends at 0.12577 (at time 2024-04-19 14:55:01). The highest value was encountered at 0.12607 (at time 2024-04-19 08:35:03), and the lowest value at 0.12517 (at time 2024-04-19 00:50:02). Despite slight fluctuations throughout the period, the general upward trend signifies an increase in the exchange rates throughout the time frame provided.

Seasonality or Recurring Patterns

In this dataset, it is difficult to identify definitive seasonality or recurring patterns as the data provided only represents less than one day's worth of exchange rate fluctuations. Seasonality and recurring patterns typically require long-term data spanning multiple months or years in order to identify.

Outliers Identification

Upon initial visual examination of the data, there doesn't seem to be major outliers in terms of the exchange rate. No significant jumps or drops are observed within close proximities that would suggest an outlier. However, proper statistical analysis is necessary to ascertain this. As the data only incorporates less than 24-hour period, no extreme changes in exchange rates are expected, which is confirmed by the dataset provided.

Please note that for a more accurate analysis of trends, seasonality, and outliers; a dataset spanning over a longer time duration would be necessary. Additionally, factors such as market conditions, economic indicators, and other external elements should also be considered for a comprehensive financial analysis despite them not being a part of this analysis.