I have marked a transaction to be ‘excluded from Summary’ and have also assigned it to a category that is excluded but it is still showing in the Trends>Spending section. It hasn’t affected my Target, but is massively skewing the spending as it is a large but one-off payment.
If you tap Edit, then Excluded from Spending in Trends it should remove it.
Thank you, I hadn’t realised there was an option to exclude it specifically in the ‘Spending’ section. I thought excluding it generally would do the trick. All sorted now 
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