just need to know if part 2 is true or false

STEP: 102 Nevada Co must pay 10 million Mexican pesos by tomorrow, in exchange for supplies that it has agreed to purchase from a supplier in Medico. The peso appreciated today against the dollar by 3 percent. Using time series dota of past currency fluctuations, Nevada observes whenever the peso appreciates against the dollar by more than 1 percent, there is a reversal whereby the peso then deprecates by 60 percent of that change on the following day Given the results of the technical forecasting by Nevada Co, the firm will most likely decide to make its payment tomorrow instead of today STEP: 2 of 2 Assume that the foreign exchange market is weak-form efficient True or False: In this case, further technical forecasting will be useful in forecasting exchange rate movements. True False