WorksheetsForex Quiz Part 2
Total questions: 20
Worksheet time: 10mins
What does the DXY stand for?
The dollar strength
The dollar weakness
The dollar index
The dollar Meter
What does WCU stand for
World Currency Unit
World Currency Understanding
World Cubic Unit
Which ones measure the strength of the Swiss Franc?
GBPWCU
DXY
JPYWCU
CHFWCU
If I am considering a trade on CADCHF, which two indexes will I be considering?
CHFWCU and JPYWCU
CADWCU and DXY
CHFWCU and DXY
CADWCU and CHFWCU
What does it mean to be negatively correlating?
Currency going in the same direction
Currency going in the opposite direction
Currency pairs going down
Currency pairs going up
If I want to sell EURJPY what would I be looking for?
EURWCU going up and JPYWCU going down
EURWCU going up and JPYWCU going up
EURWCU going down and JPYWCU going up
EURWCU going down and JPYWCU going down
If I want to buy NZDUSD, what would you be looking for?
DXY going up and NZDWCU going up
NZDWCU going up and DZY going down
DXY going down and NZDWCU going down
NZDWCU going down and DXY going up
If GBPWCU is going down and EURWCU going up, what should be your approach
Sell EURGBP
Buy EURGBP
If DXY is gown down and CADWCU is going down, whats the likely thing you should happen?
USDCAD consolidating
USDCAD trending up
USDCAD trending down
If DXY is gown down and CADWCU is going down, whats the next likely thing to consider?
Trendline break
Break of structure
Market structure
Reversal Patterns
What type of entry is this?
Safe entry
Riskiest entry
Simple Risk entry
What type of entry is this?
Safe entry
Riskiest entry
Simple risk entry
What type of entry is this?
Safe entry
Riskiest entry
Simple Risk Entry
Why do we consider a currency index?
To tell when to buy or sell a currency
To measure the strengh or weakness of an economy
To measure currency strength or weakness
To measure the weakness of a pair
If the GBP index is weak, sell all GBP pairs
True
False
Which best describes bilateral chart pattern?
Price breaks out to the upside
Price can break out in either direction
Price breaks to the downside
Price is trending
Which is an example of a bilateral pattern?
Head and Shoulders
Symmetrical Triangle
Pennant
Flag
Which is an example of an ascending triange pattern?
Which of the following is trend reversal pattern?
What is the following candle stick pattern?
Bearish engulfing
Bullish Engulfing
Dark Cloud Cover
Piercing Line
