____ forecasting involves the use of historical exchange rate data to predict future values.
A)Technical
B)Fundamental
C)Market-based
D)Mixed

Question

____ forecasting involves the use of historical exchange rate data to predict future values. ​
A)Technical
B)Fundamental
C)Market-based
D)Mixed

Quizplus · Accepted Answer

Technical forecasting relies on historical exchange rate data and trends to predict future movements in exchange rates. This method assumes that past market behavior and price patterns can indicate future movements.

____ Forecasting Involves the Use of Historical Exchange Rate Data