2024-04-29 Falkland Islands Pound News
2024-04-28
Summary of Last Week
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Overall Trend Analysis
The overall trend of the exchange rate depicted by the dataset presents fluctuations throughout the given period. The FKP exchange rate starts at 1.71219 on 2024-03-29 and ends at 1.7011 on 2024-04-26, indicating a slight decrease. However, throughout this period, the rate doesn't follow a consistent upward or downward trajectory. It rather shows some periods of increases and others of decreases.
Seasonality or recurring patterns
At first glance, it's challenging to identify any clear patterns of seasonality in the dataset. The data does not demonstrate traditional seasonality, as we might expect in retail or agricultural industries, for example. Yet the exchange rate appears to have some intra-day fluctuation, which may be attributed to various market factors like liquidity or trading volume at different hours of the day. This would require a more in-depth time series analysis to accurately identify.
Outliers Analysis
Looking at the provided data, certain points can be considered as potential outliers, such as the spikes in exchange rates observed on 2024-04-10 and 2024-04-12. The rate jumped from 1.70064 on 2024-04-10 06:00:02 to 1.71194 on 2024-04-10 08:00:03, and similarly, the rate jumped from 1.71469 on 2024-04-11 08:00:03 to 1.72057 on 2024-04-11 10:00:02. Although some significant fluctuations are normal in exchange markets, these drastic changes could be outliers.
Please note that all these points could be more accurately assessed with thorough statistical tests or advanced data analytics techniques, such as machine learning algorithms. This summary analysis provides a high-level view based on a quick glance at the data.