Today's TWD to EUR Price Update

Summary

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

Definition

The Euro (EUR) is one of the world’s major fiat currencies, while the New Taiwan Dollar (TWD) represents the currency of Taiwan’s economy. The exchange rate between them reflects market perceptions of economic conditions in the Eurozone and Taiwan, as well as investor confidence in both currencies’ stability and liquidity.

Today’s Price

• 1 TWD = 0.0271 EUR
• 24h High: 0.027156 EUR
• 24h Low: 0.027024 EUR

Market Analysis

Recent TWD/EUR price movement shows relatively tight trading ranges with limited volatility. Over the last 7 days, the pair moved between 0.0268 and 0.0270, with an average of 0.0269 and volatility at 0.28%.

• Technical levels: Key support near 0.0268 EUR, resistance at 0.0272 EUR
• Short-term outlook: Analysts project potential upward movement in March, with anticipated changes in the currency pair dynamics
• Trading opportunities: Monitor for potential breakouts beyond the recent 7-day trading range and watch for technical confirmation signals

Conclusion

Continue to monitor the TWD/EUR pair closely, integrating technical analysis with market sentiment and economic developments from both regions. Traders should remain alert to potential shifts in March trading patterns while respecting key support and resistance levels identified in recent price action.