Today's TWD to AUD Price Update

Summary

This report provides the real-time exchange rate between the New Taiwan Dollar (TWD) and the Australian Dollar (AUD), 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 Australian Dollar (AUD) is the primary currency of Australia. The exchange rate between them reflects market sentiment regarding the relative economic strength of both nations and serves as an important indicator for bilateral trade and investment flows.

Today’s Price

• 1 TWD = 0.0472 AUD
• 24h High: 0.047355 AUD
• 24h Low: 0.047081 AUD

Market Analysis

Recent TWD/AUD price movements show a Strong Buy technical outlook based on moving average analysis, with 10 Buy signals and only 2 Sell signals across multiple timeframes (MA5 to MA200).

• Technical outlook: The moving average indicators demonstrate strong bullish momentum across short to long-term horizons
• Short-term forecast: TWD/AUD is forecasted to decline by approximately -1.13% in the coming month, potentially moving toward 0.04707 AUD
• Trading opportunities: Monitor the current support levels around 0.047081 and resistance near 0.047355 for potential entry and exit points

Conclusion

Continue to monitor the TWD/AUD pair closely, integrating technical signals with short-term price forecasts. The contrasting bullish technical indicators with the bearish short-term forecast suggests traders should exercise caution and watch for confirmation signals before establishing positions.