Today's TWD to IDR Price Update

Summary

This report provides the real-time exchange rate between the New Taiwan Dollar (TWD) and the Indonesian Rupiah (IDR), 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 Indonesian Rupiah (IDR) is the legal tender of Indonesia. The exchange rate between them reflects market sentiment regarding the relative economic strength of both nations and serves as an important indicator for regional currency movements and cross-border trade dynamics.

Today’s Price

• 1 TWD = 531.28 IDR
• 24h High: 533.78 IDR
• 24h Low: 530.22 IDR

Market Analysis

The TWD/IDR pair is currently trading near mid-range levels, with a forecasted decline to approximately 532.48 IDR expected within the next 24 hours, representing a -0.20% decrease.

• Technical levels: Key resistance at 532.40 IDR (Fibonacci pivot point), with support levels below current trading range
• Technical signals: Bull/Bear Power indicator shows a “Sell” signal, suggesting potential downward pressure
• Trading opportunities: Monitor price action near the 532.48 IDR forecast level for potential entry and exit points

Conclusion

Continue to monitor the TWD/IDR pair closely, integrating technical analysis with key support and resistance levels. Traders should remain alert to short-term volatility and adjust positions accordingly based on evolving technical signals and market conditions.