2024-05-22 Balboa News
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2024-05-21
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 analyzing the given data, it is observed that the exchange rates are showing slight fluctuations over the period. The changes in rates are subtle, showing neither a clear increasing nor a decreasing trajectory. It could be defined as a semi-stable trend with some volatility.
Seasonality and Recurring Patterns
With the provided dataset, it is difficult to identify any clear seasonality or recurring patterns. It might require a more robust dataset covering more variability in terms of days and months. However, there are certain levels at which the exchange rate seems to rebound or resist, indicating some potential key levels that may be of interest.
Outliers in the Exchange Rates
While analyzing the given dataset, a couple of instances have been observed where the exchange rate relatively deviates from its usual range. However, without further details and additional context, it remains challenging to definitively identify them as outliers, as foreign exchange markets can be influenced by numerous factors.
Other Considerable Factors
There are many factors that could potentially affect exchange rates that have not been taken into account in this analysis. These include market opening/closing hours, weekends/holidays, the release of key financial news and reports, and other macroeconomic indicators. These factors could potentially provide more insights and explain the observed fluctuations in the exchange rates.
Disclaimer
Please note that this analysis is based solely on interpretation of the provided data and may not accurately reflect the full picture of the exchange rate movement. A more comprehensive analysis should ideally include more extensive data and consider other external influencing factors.
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