This report provides the real-time exchange rate between the New Taiwan Dollar (TWD) and the Indonesian Rupiah (IDR), helping traders quickly grasp market dynamics and identify potential trading opportunities.
Definition
The New Taiwan Dollar (TWD) is the official fiat currency of Taiwan, while the Indonesian Rupiah (IDR) is the legal tender of Indonesia. The exchange rate between them reflects the relative economic strength and market sentiment between these two Southeast Asian economies.
Today’s Price
1 TWD = 535.73 IDR
24h High: 537.485 IDR
24h Low: 535.4069 IDR
Market Analysis
The TWD/IDR pair is currently trading in a neutral zone, with the 14-day Relative Strength Index (RSI) at 52.557, indicating balanced market conditions without clear directional bias.
Technical levels: Key support around 535.41 IDR, resistance near 537.49 IDR
Risk note: Short-term volatility remains present within the current range
Trading opportunities: Monitor for potential upside movement, with analysts expecting the pair to rise by approximately 0.83% in March from current levels
Conclusion
Continue to monitor the TWD/IDR pair closely. Traders should focus on range-bound trading strategies within the established support and resistance zones, while remaining alert to potential bullish momentum expected in the near term.
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Today's TWD to IDR Price Update
Summary
This report provides the real-time exchange rate between the New Taiwan Dollar (TWD) and the Indonesian Rupiah (IDR), helping traders quickly grasp market dynamics and identify potential trading opportunities.
Definition
The New Taiwan Dollar (TWD) is the official fiat currency of Taiwan, while the Indonesian Rupiah (IDR) is the legal tender of Indonesia. The exchange rate between them reflects the relative economic strength and market sentiment between these two Southeast Asian economies.
Today’s Price
Market Analysis
The TWD/IDR pair is currently trading in a neutral zone, with the 14-day Relative Strength Index (RSI) at 52.557, indicating balanced market conditions without clear directional bias.
Conclusion
Continue to monitor the TWD/IDR pair closely. Traders should focus on range-bound trading strategies within the established support and resistance zones, while remaining alert to potential bullish momentum expected in the near term.