2024-05-03 Zloty News
2024-05-02
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
From the time-series data provided, the PLN exchange rate shows a gradual decreasing tendency on 02-May-2024. We begin the day with an exchange rate of 0.34031 and end the day with 0.33848. Although there are fluctuations throughout the day, the value by the close of the day is lower than at the start of the day.
Identifying Seasonality or Recurring Patterns
Upon reviewing the provided dataset, it appears that this dataset representing one day of exchange rate data does not show clear evidence of seasonality or recurring patterns. This is expected, as seasonal trends and patterns are typically found in datasets spanning extended periods (monthly, quarterly, yearly), and may not be evident in daily data. To accurately determine and analyze any periodic fluctuation in the data, a longer timespan of data would be needed.
Noting Outliers
As for the outliers in the data, characterizing them would typically first need the determination of a baseline or trend-line for the data. Again, due to the short timescale represented by this dataset, it's difficult to make a definitive statement on outliers. However, from a visual inspection, there aren't any clear instances where the exchange rate differs significantly from its neighboring data points, hence no distinct outliers can be identified in this dataset within this day.
Note: The analysis performed is based on intra-day timescales and involves a detailed step-by-step examination of changes in the exchange rate throughout the day. Understanding trends, patterns, and aberrations in this kind of financial time-series data can potentially afford valuable insights and aid strategic decision-making in financial contexts.