Today's INR to TWD Price Update

Summary

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

Definition

The Indian Rupee (INR) is a major fiat currency representing the economy of India, while the New Taiwan Dollar (TWD) is the official currency of Taiwan. The exchange rate between them reflects market sentiment regarding the relative economic strength and currency stability of both nations.

Today’s Price

• 1 INR = 0.342 TWD
• 24h High: 0.34274 TWD
• 24h Low: 0.33966 TWD

Market Analysis

Recent INR/TWD price movements show technical indicators suggesting a Strong Buy outlook based on moving average analysis across multiple timeframes (MA5 to MA200), with 11 Buy signals and 1 Sell signal evident in the technical setup.

• Technical outlook: The moving averages indicate a strong bullish bias for the currency pair
• Short-term forecast: Analysts project a potential decline to 0.3413 TWD in the next 24 hours, representing a -0.37% decrease
• Trading focus: Monitor technical indicators including Moving Averages, Stochastics, MACD, and RSI for confirmation of trend direction

Conclusion

Continue to monitor the INR/TWD pair closely, integrating technical analysis signals with real-time market data. Traders should pay attention to the strong Buy signals from moving averages while remaining aware of near-term price correction potential.