Describe the Difference Between Fundamental Analysis and Technical Analysis in Forecasting

question 25

Essay

Describe the difference between fundamental analysis and technical analysis in forecasting exchange rate movements.

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Definitions:

Ultrasonography

A diagnostic imaging technique using ultrasound waves to visualize internal organs, tissues, or blood flow for medical examination.

Trimester

One of the three parts into which pregnancy is divided, each lasting about three months, used to monitor fetal development and maternal health.

Estimated Date of Confinement (EDC)

The predicted date of a pregnant woman's delivery.

Glucose Tolerance Test

A medical test that measures the body's ability to metabolize glucose and is used to diagnose diabetes or prediabetes.