Stability Reigns as SLL Maintains Steady Exchange Rate Over 24 Hours
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2024-05-08
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 provided data, all the values for the SLL exchange rate across the various timestamps are the same at 7.0E-5, with no variations. Therefore, a comprehensive analysis might not yield significant results due to the constant value. Below are the answers to your questions:
1. Understanding the overall trend of the exchange rates
The overall trend of the exchange rates is stable. The SLL exchange rate remains constant at 7.0E-5 across all the timestamps provided.
2. Identifying any Seasonality or Recurring Patterns in the changes of Exchange Rates
Since the exchange rates are unchanged at all timestamps, there is no detectable seasonality or recurring pattern in the changes of exchange rates. An examination of patterns would require variations in data which is missing in this case.
3. Noting any Outliers
As all the exchange rate values are identical at 7.0E-5, there are no outliers observed in the provided dataset. The rate doesn't deviate from the constant value at any moment, so no unexpected value can be identified.
Note: The analysis above is purely based on the uniform data provided and without considering any external factors like market opening/closing hours, weekends/holidays, or release of key financial news and reports. It's also important to note that this type of data doesn't provide any foundations for an accurate financial forecast due to its static nature.
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