2024-05-13 Quetzal News
2024-05-12
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 of Exchange Rates
The overall trend of the exchange rates in the dataset provided is relatively stable with minor fluctuations. Over the given timeframe, slight increases and decreases in the GTQ exchange rate are observed, but there is no drastic or consistent upward or downward trend. The bulk of the rates lie in the range of around 0.175 to 0.177 with fluctuations within this range.
Seasonality and Recurring Patterns
Regarding recurring patterns, it is challenging to conclusively identify clear seasonality due to the scope of the dataset, as it covers a few weeks rather than spanning across multiple years which would allow for assessment of seasonal trends. However, within the context of this dataset, certain repeated short-term patterns can be seen, such as daily light fluctuations but no specific pattern is recurring continuously over the period.
Note on Outliers
As for outliers or instances of significant difference, the given dataset does not show any major spikes or drops. All the rates seem to be within a reasonable range of each other and do not diverge dramatically from the core trend. There don't appear to be any outliers or significant irregularities within the data that would disrupt the overall observation of a general stability in the exchange rates.
Conclusion
In conclusion, the data provided for the GTQ exchange rate over the specific period shows a generally stable trend with minor daily fluctuations. The absence of any strong upward or downward movement indicates a period of relative stability for the currency within the depicted timeframe. However, for a more comprehensive analysis of seasonality and longer-term trends, a dataset covering a broader span of time may be necessary.