Question

describe the 2 methods of forecasting , which are used in the currency markets​

Answer 1

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8 Min. Read

8 Min. ReadAccounting Forecasting Techniques and Tips for Small Businesses

8 Min. ReadAccounting Forecasting Techniques and Tips for Small BusinessesHub > Accounting

8 Min. ReadAccounting Forecasting Techniques and Tips for Small BusinessesHub > AccountingThere are two techniques used in accounting forecasting: qualitative and quantitative. Qualitative forecasting is based on information that can’t be measured. It’s especially important when a company’s just starting out, since there’s a lack of past (historical) data. Quantitative forecasting relies on historical data that can be measured and manipulated. It is best for making short-term forecasts as past trends are more likely to reoccur in the near future than in the long term.

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