Today's TWD to JMD Price Update

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Summary

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

Definition

The Taiwan Dollar (TWD) is a major fiat currency representing the economy of Taiwan, while the Jamaican Dollar (JMD) is the official currency of Jamaica. The exchange rate between them reflects market sentiment regarding the relative strength of these two economies and currency valuations.

Today’s Price

  • 1 TWD = 4.97 JMD
  • 24h High: 5.016 JMD
  • 24h Low: 4.9622 JMD

Market Analysis

The TWD/JMD exchange rate has demonstrated notable volatility within the 24-hour trading window, with a trading range spanning approximately 54 basis points between the session high and low.

  • Technical levels: Key support at 4.9622 JMD, resistance at 5.016 JMD
  • Risk note: Currency pairs involving emerging market currencies may experience increased volatility due to macroeconomic shifts and capital flows
  • Trading opportunities: Monitor price action near the 4.97 JMD level for potential mean reversion or breakout strategies

Conclusion

Continue to monitor the TWD/JMD pair closely, integrating technical analysis with broader market sentiment to identify trading opportunities within the established support and resistance zones.

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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