Summary of Yesterday
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
- Standard Deviation:
Overall Trend Analysis
The data provided gives a snapshot of the exchange rate for the PLN over a period of 24 hours on February 28, 2024. From a simple visual inspection of the data, it appears that the rate has been mostly steady, with little significant movement either way.
The exchange rate started at 0.3403 at 00:00:02, and wrapped up at 0.3403 at 23:55:02 the same day. This shows a nearly flat trend over the one-day period.
Identify Seasonality or Recurring Patterns
As a financial analyst, I understand that exchange rates follow an intraday pattern, and prices usually have highs and lows during the trading time. However, considering the data is only for one day, it's difficult to make any certain judgments about seasonality or recurring patterns.
Note: An analysis that spans over larger time frames, like weeks, months, or years, would yield a clearer view of recurring patterns.
Outliers and Significant Changes
From the given data, there were no significant fluctuations or outliers observed. The exchange rate seemed to range tightly around the 0.34 level for the entire period. The maximum rate was 0.34221 at 06:50:02 and the minimum rate was 0.33998 at 10:05:03. Again, these observations would be much more robust if a larger dataset were available.
In conclusion, it appears that the exchange rate was fairly stable for the day with no significant deviations from the mean. It's important to remember though that this analysis is limited due to the scope of the data, and trading rates might show more variability over a longer timeframe.
Also, it should be noted that the times when big moves are likely to happen in the currency markets, such as market opening and closing times, the release of economic data and news events, are not evident from the data provided.