2024-05-15 Lempira News
2024-05-14
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
Upon reviewing the data, there's a very slight downward trend indicated in the HNL exchange rate from the beginning to the end of the provided dataset. The initial exchange rate starts at 0.05538 and ends at 0.05531. However, the changes are quite minimal and fluctuating, thereby maintaining a largely stable noteworthy trend over the observed period.
Identifying Seasonality/Recurring Patterns
Recurring patterns or seasonality are difficult to parse from the data provided. The frequent changes over short intervals might suggest that these rates are more responsive to immediate market conditions rather than seasonal factors. It is also important to note that this analysis might require data over a longer period to more accurately determine any potential seasonality.
Outliers in the Exchange Rates
An initial review of the data does not show any significant outliers in the exchange rates. The rates appear to fluctuate within a very narrow range, demonstrating relative stability. However, there are minor peaks and troughs within the data, but they continue within a close range and do not drastically differ from the overall trend.
External Factors
This analysis focuses purely on the trend, seasonality, and outliers within the provided exchange rate data and does not take into account external factors. Factors such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports might impact these rates, but these have not been considered in this analysis as per the instruction.
Future Forecast
No forecast for future rates has been generated as per the provided instructions.
Conclusion
Based on this analysis, the exchange rate for the provided timestamps displays a very slight decrease, but generally, the rates appear stable overall with no apparent seasonal or recurring patterns in a strict sense. There are no significant outliers, and the rates fluctual within a very narrow and tight range.