Use the historical data to determine how the value of the foreign currency of concern has changed against euro in the la

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answerhappygod
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Use the historical data to determine how the value of the foreign currency of concern has changed against euro in the la

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Use the historical data to determine how the value of the
foreign currency of concern has changed against euro in the last
eight weeks. You should use the working weeks i.e. the closing
price on each Friday. Use the last Friday as last weekly price at
any point of time when you are doing this analysis.
Does it appear that there is an upward or downward trend over
the last eight weeks? UPWARD
What is the weekly mean percentage change over these eight
weeks? +2,5%
If you believed that the currency's value would continue
following the recent trends, how much foreign currency would
appreciate or depreciate in the next eight weeks on
average?
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