2024-05-21 Pa Anga News
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2024-05-20
Summary of Last Month
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Overall Trend
Looking at the provided data, it seems that the overall trend of the exchange rate is upward. From the start of the dataset, the rate starts at around 0.57671 and finishes at approximately 0.57801. Although there are some fluctuations in between, there doesn't appear to be a steep or sudden change in the rates throughout this dataset which indicates a relatively stable increase over the time period.
Seasonality and Recurring Patterns
Given the short observation period, it's difficult to identify any seasonality or recurrent patterns definitively
However, some minor recurrent patterns seem to emerge when looking at the data. Regular small peaks and troughs can potentially suggest some intraday pattern, possibly linked to trading session hours (open and close).
Outliers
There don't appear to be any major outliers in this dataset. The exchange rates remain within a relatively tight range throughout. However, there is a noticeable dip in the exchange rate in the data timestamp '2024-05-20 22:40:02' where the rate sharply drops from 0.57869 to 0.57804. This could be counted as a mild outlier as it significantly differs from the neighboring data points.
In conclusion, while there is a slight upward trend in the exchange rates, no significant outliers or seasonal patterns have been identified. Please note that this analysis is based on the given data only and does not take into account outside factors.
![Unpredictable Market as Exchange Rate Sees Remarkable Upturn](http://currencymart.net/images/news/pa-anga/2024-05-21/img-PduP0tK7JwK5zYO8j58Ekfzk.webp)