6th Annual Judith Ramaley Celebration of Research and Creative Scholarship
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Oral Presentation #G6 Using Mathematics to Forecast the Changing Direction in Foreign Exchange Market. Tram Vo Faculty Mentor: Joyati Debnath Foreign Exchange Market is one of the biggest markets in the world. The main objective of this project is to study the applications of continuity of polynomial function to forecast the changing of ratio in EUR/USD currency pair. Using historical data from last 5 years we were able to not only set up the movement function, but also determine the accuracy of forecasts and the affected spot by inputs such as unemployment rate, value of currency, etc. at specific times. We also define the converging of polynomial function to create long-term forecast (times and positions). Finally, we determine the conditions of changing direction and valuate the affective vectors. |
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