Which forecasting technique uses the past movements in the exchange rate movements to predict the future level?
A) Structural
B) Hedging
C) Atheoretical
D) Flow

Question

Quizplus · Accepted Answer

Atheoretical models, also known as technical analysis, rely on past movements in exchange rates and other market variables to predict future levels, without the use of economic theory or models.

Which Forecasting Technique Uses the Past Movements in the Exchange