Today's TWD to CAD Price Update

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Summary

This report provides the real-time exchange rate between the New Taiwan Dollar (TWD) and Canadian Dollar (CAD), 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 Canadian Dollar (CAD) is a major fiat currency in North America. The exchange rate between them reflects market sentiment toward both economies and serves as an important indicator for cross-border trade and investment flows.

Today’s Price

  • 1 TWD = 0.0433 CAD
  • 24h High: 0.043458 CAD
  • 24h Low: 0.043298 CAD

Market Analysis

The TWD/CAD currency pair is currently showing technical weakness, with the 14-day Relative Strength Index (RSI) at 41.412, indicating a bearish signal for the pair.

  • Technical levels: RSI reading of 41.412 suggests downward momentum
  • Risk note: The pair is marked with increased risk indicators; close monitoring is recommended
  • Trading opportunities: Watch for potential reversal signals and monitor key support levels near the 24-hour low of 0.043298 CAD

Conclusion

Continue to monitor the TWD/CAD pair closely, integrating technical indicators with market sentiment. Traders should remain cautious given the current bearish technical signals and focus on risk management strategies.

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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