FORECASTING TECHNIQUES
- MARKET BASED FORECASTING
- TECHNICAL FORECASTING
- FUNDAMENTAL FORECASTING
- MIXED FORECASTING
MARKET BASED FORECASTING:
In this method we check the current market conditions of any country and on the basis of those
condition we predict the exchange rate of that country.
TECHNICAL FORECASTING:
In this method we took the pass data of the currency exchange rate at on the basis of past data we predict the future rate.
FUNDAMENTAL FORECASTING:
we check the fundamental factors of any country and the basis of these factors we predict the exchange rate.
MIXED FOR CASTING:
In this method we use the different combination of different forecasting methods and then predict the exchange rate.
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