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

question 41

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 the 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 the best predictors of future spot rates,it makes no sense to invest in forecasting.

---

Definitions:

MOOCs

Massive Open Online Courses, which are free or low-cost online courses available to a large number of people, often offered by universities or educational platforms.

Open Enrollments

A time period during which individuals can freely enroll in or change their health insurance plans or other benefit programs without restrictions.

Degree Program

An educational course of study leading to an academic degree, typically at a college or university.

Learning Management System

A software application or web-based technology used to plan, implement, and assess a specific learning process, typically used in educational and corporate settings.