The following is not a limitation of technical forecasting:
A) It's not suitable for long-term forecasts of exchange rates.
B) It doesn't provide point estimates or a range of possible future values.
C) It cannot be applied to currencies that exhibit random movements.
D) It cannot be applied to currencies that exhibit a continuous trend for short-term forecast.

Question

Quizplus · Accepted Answer

Technical forecasting can be applied to currencies with a continuous trend for short-term forecasts, as it often relies on identifying and following trends.

The Following Is Not a Limitation of Technical Forecasting