2024-05-22 Swiss Franc News
2024-05-21
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 Exchange Rates
The dataset given represents the exchange rate of currency with timestamps between 2024-05-21 00:00:02 to 2024-05-21 23:55:02. It is clear that there is a minor but predominantly increasing trend in the currency exchange rate across this time span.
Seasonality or Recurring Patterns
From a single day's data, and without using more complex time series analysis techniques, deducing seasonality or recurring patterns is a bit difficult. However, a notable observation is that the fluctuations in the exchange rate tend to be small and frequent, rather than large and sporadic. This suggests a relatively steady market with constant negotiation between buyers and sellers.
Outliers
The dataset does not appear to have any significant outliers. The exchange rate remains within a certain range. However, meticulous examination and statistical analysis could reveal more subtle outliers, if any.
Key points to remember
- Larger datasets extending over months or years could reveal seasonal trends or longer-term cycles in the data.
- While outliers were not instantly noticeable upon initial observation, more intricate statistical analysis methods might bring them to light.
- For further understanding, it might be beneficial to consider the effect of other external factors, such as market opening/closing hours or the release of key financial news and reports.
