Today's THB to TWD Price Update

Summary

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

Definition

The Thai Baht (THB) and New Taiwan Dollar (TWD) are important fiat currencies in Southeast Asia and East Asia respectively. The exchange rate between them reflects market sentiment regarding the relative economic strength and stability of Thailand and Taiwan, as well as regional trade and investment flows.

Today’s Price

• 1 THB = 1.01 TWD
• 24h High: 1.0093 TWD
• 24h Low: 1.0034 TWD

Market Analysis

The THB/TWD currency pair is classified as a currency cross, representing a non-USD pairing that reflects bilateral economic relationships and regional market dynamics. Recent price movement shows the pair trading within a narrow range between the 24-hour lows and highs.

• Technical levels: Key support at 1.0034 TWD, resistance at 1.0093 TWD
• Risk note: As a less frequently traded currency cross, liquidity may be lower compared to major currency pairs, potentially leading to wider spreads
• Trading opportunities: Monitor for potential breakouts above 1.0093 TWD or support holds near 1.0034 TWD for directional confirmation

Conclusion

Continue to monitor the THB/TWD pair closely, integrating technical analysis through moving averages and chart patterns to identify buy/sell signals and support potential trading decisions.