The Longer the Time Horizon of the Technical Analyst the More

question 39

True/False

The longer the time horizon of the technical analyst the more accurate the prediction of foreign exchange rates is likely to be.

---

Definitions:

Private Ownership

The holding of assets by non-governmental entities or individuals, allowing control and earning potential from those assets.

Soviet Union

A former federal socialist state in Eurasia that existed from 1922 to 1991, made up of 15 republics, and was the largest country in the world.

Competition

The rivalry among sellers trying to achieve such goals as increasing profits, market share, and sales volume.

American Industry

Refers to the manufacturing and economic sectors of the United States which contribute to its Gross Domestic Product (GDP).