Today's TWD to MYR Price Update

Summary
This article provides real-time exchange rates and volatility information for TWD to MYR, helping traders quickly grasp market dynamics and potential trading opportunities.

Definition

The New Taiwan Dollar (TWD) and Malaysian Ringgit (MYR) are important legal tender currencies in their respective countries. The exchange rate between them reflects not only the market’s perception of their relative values but also investor confidence in the stability of both currencies.

Today’s Price

• 1 TWD = 0.132 MYR
• 24h High: 0.13167 MYR
• 24h Low: 0.13128 MYR

Market Analysis

Recently, the TWD/MYR exchange rate has been showing slight volatility, influenced by regional economic dynamics and policy changes.

• Technical analysis: The Relative Strength Index (RSI) over the 14-day period is 69.994, suggesting a “Buy” signal for MYR/TWD.
• Risk note: The market is currently slightly volatile, requiring close monitoring.
• Trading opportunities: Watch for potential short-term movements towards 0.1317 MYR within a week, and possibly 0.1268 MYR within four weeks.

Conclusion

Continue to monitor the TWD/MYR exchange rate, combining market trends and technical indicators to develop appropriate trading strategies and capture potential opportunities.