Tunisian Dinar Forecast

Not for Invesment, Informational Purposes Only

Summary of Yesterday

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Statistical Measures

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Trend

Understanding the Overall Trend

From a comprehensive analysis of the dataset, it's observed that the overall trend of the exchange rates fluctuates slightly. Over the specific period indicated in the data, it can be concluded that the exchange rates generally remain relatively stable with minor rise and fall patterns. There is approximately a starting rate of 0.43518 and an ending rate of 0.43373, implying a slight decrease overall.

Identification of Seasonality or Recurring Patterns

It's challenging to establish concrete seasonality patterns within this data due to the micro time framework used for the data collection. Though some minimal fluctuation could be noticed, it's generally firm that concrete form of seasonality or recurring patterns is not identifiable.

Outliers and Significant Differences

No significant outliers are found in the dataset. Variations in the exchange rates adhere to a narrow range without any sudden spikes or drops, which means there are no instances of rates differing significantly from the general trend. Essentially, the transition of the rates remains consistent throughout the data.

Note

The analysis performed is a simplified interpretation of the dataset. No consideration was given to the external factors such as market opening/closing times, weekends/holidays, or the release of significant financial news and reports. Furthermore, no prediction for future rates was made based on this data. Alterations might occur if these factors were to be incorporated in the analysis.

Summary of Yesterday

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  • 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

From a sequential examination of the given exchange rates dataset, it appears that the trend of the exchange rate progressively increases. This trend indicates a constant growth in the currency exchange rates against time. More accurate figures or rates of change can be obtained by running analytical algorithms to give an estimate of these rates. However, bear in mind that future performance is not guaranteed by past trends.

Seasonality or Recurring Patterns

Regarding the seasonality or recurring patterns of the exchange rates dataset, there is insufficient data to give a comprehensive conclusion. Still, a close eye observation provides no clear, recurring pattern or seasonality. With larger data spanning for weeks, months, or years, we might be able to observe definite seasonality trends, such as specific rising or falling patterns connected to a particular day of the week, time of the day, month, or various seasons.

Notable Outliers

Anomalies or outliers are points that are significantly different from the preceding data. They are usually due to unusual events or errors in data collection. From the given exchange rates dataset, it's quite difficult to conclusively point out any outliers. Though, smaller inconsistencies are present, for instance, momentary dips and spikes in the value. These can be attributed to the natural fluctuation in currency exchange rates and are not necessarily outliers. However, to get a precise identification of outliers, we would need to conduct an extensive quantitative analysis, which involves statistical tests.

Summary of Yesterday

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

Statistical Measures

  • Mean:
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Trend

Understanding the Overall Trend

The overall trend of the TND exchange rate in the given dataset shows slight fluctuations, but largely consistent rate. There does not appear to be a clear pattern of general increase or decrease over the entire period. Instead, the rate appears to essentially go through minor rises and falls, with no significant upward or downward trajectory.

Seasonality or Recurring Patterns

When it comes to seasonality, it would be incorrect to make any definitive statements based on this dataset alone. Due to the short duration of the data (one day), it is challenging to identify any seasonal trends or recurring patterns. A broader range of data over several months or years would be required to discern any repeated seasonality or patterns with accuracy.

Identifying Outliers

When looking at the exchange rate data, it does not appear to contain any major outliers. Truly deciding whether a data point is an outlier would require more contextual data and a precise definition of what constitutes an outlier in this context. However, from a quick overview, all changes from one timestamp to the next seem reasonable when considering the nature of foreign exchange rates. The changes do not exceed logical expectations for such rates.

Final Remarks

Keep in mind that this analysis is purely exploratory and descriptive. This analysis does not take into account potential external factors such as market movements, geopolitical events, or economic releases that could significantly impact the exchange rates. Also, this analysis does not provide any predictive or forecasting value for future rates.

Summary of Last Month

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Statistical Measures

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Trend

1. Overall Trend of the Exchange Rates

Our assessment of the dataset shows that the exchange rates experienced slight movements over the period shown. There isn't a defined upward or downward trend, indicating a generally stable exchange rate over this period. While small fluctuations can be observed in the rates, these changes do not create a clear trend that is consistently moving up or down over time. However, over the long term, some microscopic changes do occur that could be of importance to those closely tracking these rates.

2. Seasonality and Recurring Patterns

From this dataset, it's challenging to discern any distinct patterns or seasonality in the exchange rates given the stable nature of the rates over the period. Consistent, significant cyclic trends often manifest over an extended period or specific intervals, which may not be present in this dataset. However, the dataset would need to be analyzed over a more extended duration and different time intervals to identify any possible seasonality or recurring patterns better.

3. Outliers

An initial review of the dataset did not show any significant outliers or instances where the exchange rate might have deviated considerably from the overall stable trend. While there are slight fluctuations in the rates, these are not significant enough to be considered outliers, as they fall within the normal range of exchange rate movements.

Summary of Last Week

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Statistical Measures

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Trend

Overall Trend

Upon preliminary examination of the data, there appears to be a minuscule upward trend in the TND exchange rate from 2024-03-22 to 2024-04-19. The exchange rate starts at 0.43878 and ends at 0.43611, despite some fluctuations in between. However, this modest increase does not conclusively indicate a stable upward trend, and might as well be part of a larger cycle or due to random fluctuations. In order to claim a definitive trend, a more extensive range of data would need to be analyzed.

Seasonality or Recurring Patterns

Determining seasonality or recurring patterns in the exchange rates is a complex task that usually requires a more extensive dataset spanning across multiple years. From the data given here, across a period of around 1 month, no clear signs of seasonality can be detected. There might be some minor recurring patterns during certain hours of the day, possibly due to the opening and closing of markets, but it's difficult to confirm a definitive pattern without a more comprehensive dataset.

Outliers

Outliers in the dataset are values that deviate significantly from the general trend or pattern. Identifying specific outliers in this dataset is quite challenging due to the modest variations and tight range of the exchange rates. However, generally, the value at the timestamp '2024-04-08 12:00:02' with the exchange rate of 0.4357 and at '2024-04-16 16:00:02' with an exchange rate of 0.43721 could be potential outliers. Noticeably, the TND exchange rate mostly ranges from 0.43 to 0.44 and these outliers are off with a meager margin. A sophisticated statistical analysis can provide us a more accurate identification of the outliers.

Note: Please always validate the thorough statistical analysis. An exchange rate is determined by a multitude of factors and can behave unpredictably at times. Therefore, a comprehensive understanding of such data requires not only statistical analysis but also a deep understanding of the financial market.

Summary of Yesterday

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

Statistical Measures

  • Mean:
  • Standard Deviation:

Trend

Based on the time-series data you provided, we can derive the following observations:

Understanding the Overall Trend

The exchange rates exhibited a slightly fluctuating trend overall, considering the period shown in the dataset. From the beginning timestamp of 2024-04-15 01:00:02, the rate started at 0.44167 and ended at 0.43821 by the timestamp 2024-04-19 01:00:02. The rates saw mostly minor changes, which can be seen as fluctuations, rather than significant increases or decreases.

Recurring Patterns or Seasonality

As per the data provided, no specific recurring patterns or strong seasonality is immediately evident in the exchange rates. The exchanges rather appear to fluctuate in an unpredictable pattern within a limited range.

Outliers in the Exchange Rate

No significant outliers or instances where the exchange rate diverges greatly from the trend can be seen in the dataset provided. All the fluctuations in rates stay within a close range. For example, the maximum rate appears to be 0.44431 at the timestamp of 2024-04-16 10:00:02 and the minimum rate dropped to 0.43461 at 2024-04-18 02:00:02.

It should be noted that this analysis is solely upon the given dataset within the given time frame and doesn't consider any external factors like market opening/closing hours, weekends/holidays, or any significant world events or financial news releases, as per your instructions.

It's important to consider these factors in a more comprehensive analysis, as exchange rates can be influenced by myriad economic, political, and even geopolitical 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

Data Analysis

The given data for the TND exchange rate roughly spans the course of around 1 day, from midnight until the afternoon. While a more extended period would be beneficial for a comprehensive analysis, valuable insights can still be gathered from this dataset.

1. Understanding the Overall Trend of the Exchange Rates

Analyzing the data, it appears that there isn't a significant upward or downward trend in the exchange rate over the monitored period. It starts at a rate around 0.43818 and ends at 0.43642. There's a slight decrease in the TND exchange rate, but it's minimal considering the fluctuations occurring throughout the day. The highest and lowest points aren't far apart, leading to the conclusion that the exchange rate remains relatively stable throughout this timeframe.

2. Identifying Seasonality or Recurring Patterns

As the data covers a single day, it's difficult to identify any seasonality or recurring patterns effectively. The analysis doesn't show any clear evidence of periodic behavior within the data. It would require data coverage over a more extended period, such as several weeks or months, to make solid conclusions about the presence or absence of seasonality. However, there are brief periods with slightly more considerable higher or lower values, suggesting some potential intraday recurring dynamics.

3. Noting Outliers

Investigating the dataset for outliers, instances where the exchange rate differed significantly from its neighbors are limited. The rate gestures remained within a close range of values. However, there's a noticeable drop near the end of the dataset around 12 PM where the TND exchange rate falls to almost 0.4361 from approximately 0.43734. It might be considered an outlier in comparison to the typical behavior of the rate during the period shown, although it still doesn't deviate grossly from the prevailing range.

Remember that these conclusions are contingent upon and limited to the data provided, covering the specific timestamped periods. For a more comprehensive and reliable analysis, access to a broader range and more substantial volume of data would be advised. More data would also facilitate a more thorough understanding of potential seasonal behaviors, trends, and recurrent patterns in the TND exchange rate.

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