Select all true statements:

Technical forecasting is not overly useful for corporations developing long term corporate policies.

None of the other options are true

In a market that is weak$-$form efficient, technical analysis is unlikely to provide consistent excess returns because past price movements are already reflected in current

stock prices.

Technical forecasting is based on relationships between economic variables and exchange rates.

Technical analysis provides evidence of strong form inefficiency $($when technical analysis works that is$).$

Weak$-$form efficiency suggests that analyzing historical stock prices and trading volumes can still offer a systematic advantage in predicting future price movements.

Foreign exchange technical forecasting involves the use of historical exchange rate data to predict future values.

According to the Efficient Market Hypothesis, technical analysis is a reliable method for consistently outperforming the market because it identifies price patterns and

trends.