Usually, fundamental forecasting is used for short-term forecasts, while technical forecasting is used for longer-term forecasts.

Question

Quizplus · Accepted Answer

The statement is incorrect. In reality, it is the opposite. Fundamental forecasting typically provides long-term forecasts based on economic, sector or company-specific data, while technical forecasting typically relies on charts, trends and patterns to predict short-term price movements.

Usually, Fundamental Forecasting Is Used for Short-Term Forecasts, While Technical