What kind of trade involves agreeing today on an exchange rate for settlement in 90 days?

Question

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This trade involves a forward contract where the exchange rate is agreed upon today for settlement at a future date, which is 90 days in this case. A spot trade (A) involves immediate delivery of the currency and no future settlement date is agreed upon. A futures trade (B) is similar to a forward trade but is standardized and traded on an organized exchange. Triangle trade (D) historically refers to a trade route between Europe, Africa, and the Americas, and is not related to currency exchange.

What Kind of Trade Involves Agreeing Today on an Exchange