The type of analysis that predicts exchange rate movements by using price and volume data to determine past trends is called

Question

Quizplus · Accepted Answer

Technical analysis uses price and volume data to analyze past trends and predict future trends in exchange rates, whereas fundamental analysis focuses on economic and financial factors that could influence currency values. Primary evaluation, principal investigation, and econometric analysis are not commonly used terms in the context of exchange rate analysis.

The Type of Analysis That Predicts Exchange Rate Movements by Using