Today's KRW to TWD Price Update

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Summary

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

Definition

The South Korean Won (KRW) is the official currency of South Korea, while the New Taiwan Dollar (TWD) is the official currency of Taiwan. The exchange rate between them reflects regional economic conditions, trade flows, and investor sentiment in East Asian markets.

Today’s Price

  • 1 KRW = 0.0219 TWD
  • 24h High: 0.021982 TWD
  • 24h Low: 0.021828 TWD

Market Analysis

The KRW/TWD currency pair is currently trading with neutral market sentiment. Technical analysis indicates moderate positioning in the market.

  • Technical levels: The 14-day RSI reading stands at 61.26, suggesting neutral conditions with balanced buying and selling pressure
  • Risk note: The pair has shown limited volatility over the past 24 hours, with a narrow trading range
  • Trading opportunities: Monitor price action around the 24-hour support level at 0.021828 TWD and resistance near 0.021982 TWD for potential entry and exit points

Conclusion

Continue to monitor the KRW/TWD pair closely, integrating technical indicators and regional economic developments to inform trading decisions. The neutral market sentiment suggests traders should await clearer directional signals before establishing significant positions.

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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