2024-05-22 Yen News
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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
Analysis Result
Here is a step-by-step analysis of the provided dataset.
1. Overall Trend
The overall trend shows remarkable stability. The exchange rate (JPY) has slightly fluctuated but it stayed quite consistent between 0.00871 and 0.00876 throughout the time period indicated. Most of the time, the exchange rate stayed around 0.00872 and 0.00873 which shows it did not either increase or decrease significantly.
2. Seasonality or Recurring Patterns
In terms of seasonal trends or recurring patterns, due to the relatively stable nature of the data and the confined timeframe provided, it is hard to clearly distinguish any seasonality or recurring patterns. Any other patterns might be present, but with this data it would require more sophisticated analysis techniques to uncover.
3. Outliers
From the given data, there don't seem to be any significant outliers. An outlier would typically be a major divergence from the common range (0.00872 - 0.00873). Since the given exchange rates are almost in this range, we don't observe any data point which could be considered as a significant outlier.
As this data span is limited to a very short range of variation, the results of this analysis should be treated as a close-up snapshot of the larger trends in JPY exchange rates. To get a better understanding of exchange-rate trends and seasonality, adjacent or related financial data across a longer time frame should be analyzed.
![Steady JPY Exchange Rate Patterns Indicate Market Stability](http://currencymart.net/images/news/yen/2024-05-22/img-Qf1ihPR0okqvWMn8M0eCDtnt.webp)