A health and wellness fitness company based in Cologne, which had a goal to predict the future price of exchange rate EUR/GBP, so that with the right know-how from Optima Analytica could establish a cost effective strategy for makes imports.
- Extract, transform and load (ETL) of exchange rate data from an API for the last four years
- Use of advanced analytics models for forecasting tomorrow's value of exchange rate Euro against GBP
After the Extract, transform and load (ETL) process for the exchange rates data of EUR/GBP pair, we were able to develop a powerful Machine Learning system, so to predict accurately the movement of prices. As you can see in our charts, our prediction (green line) was excellent.