Today's TWD to MYR Price Update

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Summary

This report provides the real-time exchange rate between the New Taiwan Dollar (TWD) and Malaysian Ringgit (MYR), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The New Taiwan Dollar (TWD) and Malaysian Ringgit (MYR) are major fiat currencies in the Asia-Pacific region. The exchange rate between them reflects market sentiment regarding regional economic conditions, monetary policy divergence, and cross-border trade dynamics between Taiwan and Malaysia.

Today’s Price

  • 1 TWD = 0.124 MYR
  • 24h High: 0.12462 MYR
  • 24h Low: 0.12397 MYR
  • 52-Week Range: 0.1227 - 0.1469 MYR

Market Analysis

Recent TWD/MYR price movement reflects ongoing currency market volatility in the Asia-Pacific region. Technical analysis indicators show mixed sentiment for the pair.

  • Technical levels: Key support identified near 0.1227 MYR, resistance at 0.1234 MYR based on intraday ranges
  • Risk note: Currency pairs are subject to external factors including financial, regulatory, and political events that may cause sharp fluctuations
  • Trading opportunities: Monitor price action within the established daily range for potential entry and exit points

Conclusion

Continue to monitor the TWD/MYR pair closely, integrating technical analysis with regional economic developments. Traders should remain vigilant regarding volatility and employ appropriate risk management strategies when executing trades in this currency pair.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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