Today's TWD to CNY Price Update

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Summary

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

Definition

The Taiwan Dollar (TWD) and Chinese Yuan (CNY) are major fiat currencies in the Asia-Pacific region. The exchange rate between them reflects the intricate economic ties between Taiwan and China, as well as investor confidence in both currencies’ stability and market conditions.

Today’s Price

  • 1 TWD = 0.223 CNY
  • 24h High: 0.22322 CNY
  • 24h Low: 0.22306 CNY

Market Analysis

Recent TWD/CNY price movements are subject to technical analysis evaluation using popular technical indicators such as Moving Averages, Stochastics, MACD, and RSI.

  • Technical focus: Monitor key support and resistance levels through moving average analysis and buy/sell signals
  • Risk note: Short-term volatility within the 24-hour range (0.22306 to 0.22322) should be observed
  • Trading opportunities: Watch for potential trading signals generated by technical indicators and common chart patterns

Conclusion

Continue to monitor the TWD/CNY pair closely, integrating technical analysis with market conditions. By staying informed on technical indicators and adapting strategies based on price action, traders can identify potential opportunities in this currency pair and make informed trading decisions.

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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