Exchange Rate Forecasting Based on Neural Network
Jie Wang · Computer and Modernization · 2006
Neural network is able to approach any functions infinitely in theory.And there is a good effect in forecasting field with neural network.With the ability of numeric approaching and memory,it can identify the inherence pattern of exchange rate sequence according to the historic data.At the beginning. This paper first introduces the basic principles of exchange rate forecasting with neural network.Secondly,the steps of forecasting are being discussed in detail.And at last,a software is been implemented as a forecaster of exchange rate and there are some analyses of the forecasted results using different evaluating methods with the software.