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Technical Analysis, Which Is Defined as the Analysis of Historical

question 17

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Technical analysis, which is defined as the analysis of historical trends of prices, is an important field in finance.Which form of efficiency is this field based on?


Definitions:

Independence

The condition or quality of being free from control or influence of another or others, often referring to the sovereignty of a country.

English

A West Germanic language originating from England, now the primary language of international discourse and an official language in several countries worldwide.

Oliver Cromwell

A military and political leader who played a leading role in the English Civil War and ruled as Lord Protector of the Commonwealth of England, Scotland, and Ireland in the mid-17th century.

Commercialism

The emphasis on maximizing profit through advertising and market exploitation, often at the expense of quality or ethics.

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