A Guide For Time Series Prediction Using Recurrent Neural Networks (LSTMs)

Note: The Statsbot team has already published the article about using time series analysis for anomaly detection. Today, we'd like to discuss time series prediction with a long short-term memory model (LSTMs). We asked a data scientist, Neelabh Pant, to tell you about his experience of forecasting exchange rates using recurrent neural networks. As an Indian guy living in the US, I have a constant flow of money from home to me and vice versa. If the USD is stronger in the market, then the Indian rupee (INR) goes down, hence, a person from India buys a dollar for more rupees.