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Select all true statements: Weak - form efficiency suggests that analyzing historical stock prices and trading volumes can still offer a systematic advantage in predicting
Select all true statements:
Weakform efficiency suggests that analyzing historical stock prices and trading volumes can still offer a systematic advantage in predicting future price movements.
According to the Efficient Market Hypothesis, technical analysis is a reliable method for consistently outperforming the market because it identifies price patterns and trends.
Technical analysis provides evidence of strong form inefficiency when technical analysis works that is
Foreign exchange technical forecasting involves the use of historical exchange rate data to predict future values.
In a market that is weakform efficient, technical analysis is unlikely to provide consistent excess returns because past price movements are already reflected in current stock prices.
None of the other options are true
Technical forecasting is based on relationships between economic variables and exchange rates.
Technical forecasting is not overly useful for corporations developing long term corporate policies.
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