According to the Dow Theory, Daily Fluctuations and Secondary Movements

question 7

Multiple Choice

According to the Dow Theory, daily fluctuations and secondary movements in the market are used to help identify:

• A)a key indicator.
• B)a primary trend.
• C)shifts in demand and supply.
• D)More than one of the above

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Definitions:

Exchange Rates

The cost of converting one currency into another.

Functional Currency

The currency of the primary economic environment in which an entity operates, typically used in measuring and reporting its financial performance.

Operating Revenues

Income generated from the core business activities of an entity excluding non-operating income sources.