2024-05-14 Unidad de Fomento News
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2024-05-13
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
Trend Analysis
The CLF exchange rate seems to experience minor fluctuations throughout the given time period. The overall trend of the data is not immediately clear due to these frequent oscillations. However, the rate appears to hit a peak at approximately 2024-05-13 08:10 and falls to its lowest point around 2024-05-13 06:20. It is worth noting that there is another significant rise around 2024-05-13 11:45, which suggests that the CLF exchange rate demonstrates a cyclical pattern.
Seasonality Analysis
Regarding the seasonality of the data, it appears that the CLF exchange rate exhibits intra-day seasonality. Specifically, the rate seems to decrease in the early morning hours, increase in the mid-morning to early afternoon, and then gradually decrease again in the late afternoon and evening. This pattern suggests there may be regular daily fluctuations influencing the exchange rate.
Outlier Analysis
In examining the dataset, a significant jump is observed in the exchange rate from 2024-05-13 06:45 to 07:00. Similarly, a significant drop is observed from 2024-05-13 21:25 to 21:30, and then the rate appears to normalize again. These instances might be treated as potential outliers as they significantly deviate from the overall observed trend. These may be caused due to several factors including market volatility, large transactions, or discrepancies in the data.
Overall, it is imperative to understand that the financial market is influenced by a myriad of factors which can cause unforeseen changes in rates. Consequently, while this analysis dissects the given dataset to understand the trend, seasonality, and outliers, it is equally essential to consider the impact of real-time events and global phenomena influencing financial markets.
![Surge in CLF Exchange Rate Marks Market Excitement on May 13 in 2024](http://currencymart.net/images/news/unidad-de-fomento/2024-05-14/img-8UHCnotqXqBi1cb7yjmvyHQO.webp)