This report provides the real-time exchange rate between the New Taiwan Dollar (TWD) and Chinese Yuan (CNY), helping traders quickly grasp market dynamics and identify potential trading opportunities.
Definition
The New Taiwan Dollar (TWD) is the official currency of Taiwan, while the Chinese Yuan (CNY) is the primary fiat currency of mainland China. The exchange rate between them reflects market sentiment regarding cross-strait economic relations and investor confidence in both currencies’ stability.
Today’s Price
1 TWD = 0.221 CNY
24h High: 0.22074 CNY
24h Low: 0.21969 CNY
Market Analysis
The TWD/CNY exchange rate has shown modest fluctuations within a narrow trading range over the past 24 hours, reflecting relatively stable market conditions between the two currencies.
Technical levels: Key support at 0.21969 CNY, resistance at 0.22074 CNY
Trading opportunities: Monitor price action within the established 0.21969–0.22074 CNY range for potential entry and exit points
Conclusion
Continue to monitor the TWD/CNY pair closely for any shifts in cross-strait economic developments or currency market dynamics. Traders should remain attentive to price movements within the current trading range and adjust strategies accordingly based on emerging market conditions.
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Today's TWD to CNY Price Update
Summary
This report provides the real-time exchange rate between the New Taiwan Dollar (TWD) and Chinese Yuan (CNY), helping traders quickly grasp market dynamics and identify potential trading opportunities.
Definition
The New Taiwan Dollar (TWD) is the official currency of Taiwan, while the Chinese Yuan (CNY) is the primary fiat currency of mainland China. The exchange rate between them reflects market sentiment regarding cross-strait economic relations and investor confidence in both currencies’ stability.
Today’s Price
Market Analysis
The TWD/CNY exchange rate has shown modest fluctuations within a narrow trading range over the past 24 hours, reflecting relatively stable market conditions between the two currencies.
Conclusion
Continue to monitor the TWD/CNY pair closely for any shifts in cross-strait economic developments or currency market dynamics. Traders should remain attentive to price movements within the current trading range and adjust strategies accordingly based on emerging market conditions.