Which of the following forecasting techniques employs charts of past trends in currency prices and other factors to forecast exchange rates?
A) financial analysis
B) fundamental analysis
C) value chain analysis
D) technical analysis

Question

Quizplus · Accepted Answer

Technical analysis uses charts and past trends in currency prices and other factors to forecast exchange rates. Financial analysis involves examining the financial statements of companies, while fundamental analysis looks at economic and political factors that may affect exchange rates. Value chain analysis analyzes the operations and relationships between companies within an industry.

Which of the Following Forecasting Techniques Employs Charts of Past