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Monday, 24 November 2014

NZDCAD Trend & Momentum 24-Nov-2014

NZDCAD has been on up and down week by week for last two weeks.

Although the trend & momentum indicates NZDCAD is slightly on downward trend at the moment, the trend could be reversed into upward trend earlier in this week.
 It could say the economies in both of New zealand and Canada are relatively stable, and bias facor is less expected unless any surprise is coming up.

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