Which of the Following Premises Is Technical Analysis,an Approach to Exchange

question 68

Multiple Choice

Which of the following premises is technical analysis,an approach to exchange rate forecasting,based on?

• A) Price and volume data cannot be used to determine past trends.
• B) Econometric models drawn from economic theory are best suited to predict exchange rate movements.
• C) The foreign exchange market is efficient and forward exchange rates are best predictors of future spot exchange rates.
• D) Previous market trends and waves can be used to predict future market trends and waves.
• E) Since forward exchange rates are best predictors of future spot rates, it makes no sense to invest in forecasting.

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Definitions:

Plan Of Care

A comprehensive outline designed by healthcare professionals detailing a patient's treatment goals, strategies, and interventions.

Clinical Decision Making

The process by which healthcare providers gather data, assess patient needs, and make decisions regarding patient care and treatment.

Delegating

The process of assigning responsibility and authority to someone else to complete a specific task.

Family-Centred Care

An approach to healthcare that respects and prioritizes the needs and roles of families in the planning, delivery, and evaluation of health services.