The Moving Average Crossover Rule

Multiple Choice

The moving average crossover rule

A) is a fundamental approach to forecasting exchange rates.
B) states that a crossover of the short-term moving average above the long-term moving average signals that the foreign currency is appreciating.
C) states that a crossover of the short-term moving average above the long-term moving average signals that the foreign currency is depreciating.
D) none of the above