NCFM Technical Analysis Practice Questions - NCFM Technical Analysis Module Exam

Which of the following describes the technical analysis assumption regarding price trends?

Prices move randomly without any discernible direction Prices move in trends that tend to persist until a reversal is confirmed Prices only trend upward over long periods Prices trend based solely on earnings announcements

Correct Answer:

Prices move in trends that tend to persist until a reversal is confirmed

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