Straight Line Forecasting Method is a classic forecasting technique that projects future performance based on current trends. It assumes that the historical trend will continue in a linear fashion into the future, which means that each period’s results will be equal to the previous period’s and remain stable over time. This method is often used for sales, budgeting, and financial planning as it is one of the simplest and most straightforward methods available. With its simple approach, the Straight Line Forecasting Method can be an effective tool for businesses looking to better plan their operations or make decisions about investments.