Question: The file P03 30 xlsx gives monthly exchange rates units of local

The file P03_30.xlsx gives monthly exchange rates (units of local currency per U.S. dollar) for nine currencies. Technical analysts believe that by charting past changes in exchange rates, it is possible to predict future changes of exchange rates. After analyzing the autocorrelations for these data, do you believe that technical analysis has potential?

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  • CreatedApril 01, 2015
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