Today's TWD to BRL Price Update

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Summary

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

Definition

The New Taiwan Dollar (TWD) is the official fiat currency of Taiwan, while the Brazilian Real (BRL) is the primary fiat currency of Brazil. The exchange rate between them reflects market dynamics in two major Asian and Latin American economies, as well as investor sentiment toward currency valuations in these regions.

Today’s Price

  • 1 TWD = 0.166 BRL
  • 24h High: 0.16732 BRL
  • 24h Low: 0.16586 BRL

Market Analysis

Recent price movements in the TWD/BRL pair show moderate volatility within a narrow range. Technical indicators suggest cautious positioning in the market.

  • Technical levels: The 14-day Relative Strength Index (RSI) stands at 35.787, indicating oversold conditions and a bearish signal
  • Risk note: The pair remains within intraday volatility bands; traders should monitor for potential reversals from oversold levels
  • Trading opportunities: Watch for potential support near the 24h low of 0.16586 BRL and resistance near 0.16732 BRL

Conclusion

Continue to monitor the TWD/BRL pair closely, integrating technical indicators with broader currency market trends. The current RSI reading warrants attention to potential market reversals and support/resistance dynamics.

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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