Moving average and exponential smoothing forecasting techniques are used for long range forecasts.

Name: Moving average and exponential smoothing forecasting techniques are used for long range forecasts.
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Moving average and exponential smoothing forecasting techniques are primarily used for short to medium range forecasts due to their reliance on recent data and inability to effectively incorporate trends or seasonal patterns over long periods.

Moving Average and Exponential Smoothing Forecasting Techniques Are Used for Long