Quiz 6

Q1. What does Moving Average represents?

A. Average of opening prices of any currency for the X periods

B. Average of Closing prices of any currency for the X periods

C. Average of High and Low prices of any currency for the X periods

D. None of these

Q2. For which period the traders and investors should not use Moving Average?

A. Very short period

B. Short Period

C. Medium Term Period

D. Long Term Period

Q3. Why the long term period should be considered when using the Simple Moving Average?

A. The length of period is inversely proportional to the rate of reaction towards the price movement

B. The length of period is directly proportional to the rate of reaction towards the price movement

C. The length of period is directly proportional to the trend reversal

D. None of these

Q4. What for EMA is used?

A. To know the trend reversal

B. To identify false breakout

C. Predict future trend of prices

D. All of these

Q5. To which data does EMA give more weight?

A. More weight is given to the old data

B. More weight is given to the data at the middle of the period

C. Both A and B

D. More weight is given to the recent data

Q6. Which are the three most popular EMA selected by the Forex traders?

A. 1 EMA, 2 EMA and 4 EMA

B. 4 EMA, 9 EMA and 18 EMA

C. 20 EMA, 25 EMA and 35 EMA

D. 50 EMA, 80 EMA and 200 EMA

Q7. For which party overbought condition is good?

A. Buyer

B. Buyer and Seller

C. Seller

D. None of these

Q8. Which indicator gives the signal of overbought condition after showing reading more than 80 on the scale?

A. Stochastic

B. MACD

C. RSI

D. Parabolic SAR

Q9. Which indicator gives the signal of oversold condition after showing reading less than 30 on the scale?

A. Stochastic

B. MACD

C. RSI

D. Parabolic SAR

Q10. Which conditions show the selling saturated?

A. Overbought Condition

B. Oversold Condition

C. Uptrend

D. Breakout

Answer of Question 1: B

Answer of Question 2: A

Answer of Question 3: A

Answer of Question 4: C

Answer of Question 5: D

Answer of Question 6: B

Answer of Question 7: C

Answer of Question 8: A

Answer of Question 9: C

Answer of Question 10: B

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