A Technical Analyst Is Likely to Use Which of the Following

question 15

Multiple Choice

A technical analyst is likely to use which of the following in forecasting exchange rates?

• A) growth in gross national product (GNP)
• B) the Federal government deficit
• C) the past history of spot exchange rate movements
• D) the trade deficit
• E) balance of payments statistics

---

Definitions:

Competitive Environments

Market settings in which multiple firms vie for customers, driving innovations, efficiency, and benefiting consumers with better products and prices.

Experimental Evidence

Data or information obtained through controlled scientific experiments, often used to support or refute theories and hypotheses.

Profit-maximizing

The process by which a firm determines the price and output level that returns the greatest profit, where marginal costs equal marginal revenues.

Discriminate

To differentiate or make distinctions between individuals or groups based on characteristics such as race, gender, age, or other criteria, often leading to unfair treatment.