Today's TWD to INR Price Update

Summary

This report provides the real-time exchange rate between the New Taiwan Dollar (TWD) and Indian Rupee (INR), 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 Indian Rupee (INR) is the primary fiat currency of India. The exchange rate between them reflects market sentiment regarding the relative economic strength of both nations and currency stability in the Asia-Pacific region.

Today’s Price

• 1 TWD = 2.86 INR
• 24h High: 2.8575 INR
• 24h Low: 2.8376 INR

Market Analysis

The TWD/INR currency pair is currently trading with minimal intraday volatility. Recent data indicates marginal upward movement, with the pair trading at 2.87 INR, representing a 0.11% increase from the previous close.

• Technical levels: Key support at 2.8376 INR, resistance at 2.8575 INR; Fibonacci pivot point performance value at 2.8686 INR
• Short-term forecast: The pair is forecasted to decrease by approximately 0.61% in the next month, potentially moving toward 2.85 INR
• Trading opportunities: Monitor price action near the 24-hour range boundaries for potential entry and exit points

Conclusion

Continue to monitor the TWD/INR pair closely, integrating technical indicators and short-term forecast data into your trading strategy. Focus on range-bound trading between key support and resistance levels while remaining alert to any directional shifts.