Today's TWD to ZAR Price Update

Summary

This report provides the real-time exchange rate between the New Taiwan Dollar (TWD) and the South African Rand (ZAR), 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 South African Rand (ZAR) is the primary fiat currency of South Africa. The exchange rate between them reflects market sentiment regarding the relative economic strength and stability of both currencies.

Today’s Price

• 1 TWD = 0.507 ZAR
• 24h High: 0.51074 ZAR
• 24h Low: 0.50877 ZAR

Market Analysis

The TWD/ZAR pair is currently trading in a relatively stable range, with the 14-day Relative Strength Index (RSI) at 47.929, indicating a Neutral sentiment. The pair shows minimal directional bias, with trading activity concentrated within the narrow band established over the past 24 hours.

• Technical levels: Current price at 0.5083 ZAR with support and resistance zones defined by recent intraday extremes
• Risk note: The neutral RSI suggests limited momentum; traders should remain cautious of potential breakouts
• Trading opportunities: Monitor for breakouts beyond the 24-hour high and low levels for directional confirmation

Conclusion

Continue to monitor the TWD/ZAR pair closely, integrating technical indicators and price action patterns. Focus on key support and resistance levels to identify potential trading entry and exit points as market conditions evolve.