2024-04-24 Quetzal News
2024-04-23
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 the Exchange Rates
The overall trend of the GTQ exchange rate in the provided dataset is generally fluctuating. The initial rate started at 0.17622 and depict a subtle increasing trend and hit the maximum of 0.17667. The data does not show a consistent and significant increase or decrease but rather a series of rises and drops in the exchange rate.
Seasonality in the Exchange Rates
In terms of seasonality or recurring patterns, it's difficult to conclusively confirm any seasonality based on the provided data. The data spans for what appears to be a single day (23rd April 2024), and thus, weekly, monthly, or yearly seasonal tendencies cannot be ascertained. The minute-to-minute and hourly fluctuations do not seem to follow a strict pattern but seem to be dictated by more complex factors than just the time of the day.
Outliers in the Exchange Rates
Most of the GTQ exchange rates in the dataset are in the range of 0.17620 - 0.17667. An outlier here can be considered as any value that deviates significantly from this range. However, based on the data provided, we do not seem to have any significant outliers as most rates are closely around these values. The one value that could possibly be considered an outlier, although not by a large margin, is the noticeable sudden increase to 0.17658 at timestamp 2024-04-23 20:05:02. Despite this, given the range of the data, it would be a stretch to categorize this as a true outlier.
It's important to remember that the behavior of financial time series data is influenced by a multitude of factors, and without considering external circumstances such as political events, economic reports, or market sentiment, it's challenging to make precise interpretations.
