In terms of the approaches to exchange rate forecasting, _____ is based on the premise that there are analyzable market trends a

Question

kap26 [50]

2 years ago

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In terms of the approaches to exchange rate forecasting, _____ is based on the premise that there are analyzable market trends a

nd waves and that previous trends and waves can be used to predict future trends and waves.

Social Studies

1 answer:

dexar [7] · Answer 1 · 2022-07-25T20:07:39+03:00

Answer:

The answer is technical analysis.

Explanation:

Technical analysis refers to the evaluation of a security's available data, which allows to predict future outcomes based on statistics. Some of the most common points of reference are the changes in the price of a given security, as well as its past trading activity.