Today's MYR to TWD Price Update

probably_nothing_anon · 2026-02-23T20:00:40+00:00

This report outlines the exchange rate of the Malaysian Ringgit (MYR) to the New Taiwan Dollar (TWD), highlighting current rates, market analysis, and trading opportunities while considering economic factors influencing both currencies.

probably_nothing_anon

2026-02-23 20:00:40

Abstract generation in progress

Summary

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

Definition

The Malaysian Ringgit (MYR) and the New Taiwan Dollar (TWD) are important fiat currencies in Southeast Asia and East Asia respectively. The exchange rate between them reflects regional economic conditions, monetary policy divergences, and cross-border trade dynamics between Malaysia and Taiwan.

Today’s Price

1 MYR = 8.06 TWD
24h High: 8.1198 TWD
24h Low: 8.0589 TWD

Market Analysis

Recent MYR/TWD price movements show mixed technical signals across different timeframes.

Technical indicators: The 14-day Relative Strength Index (RSI) stands at 46.684, indicating a Neutral sentiment for the MYR/TWD pair. However, moving averages for the inverse pair (TWD/MYR) suggest a Strong Sell outlook with 12 Sell signals and 0 Buy signals.
Analyst outlook: Market analysts project a potential rise of 0.71% for the MYR/TWD pair in March 2026.
Trading opportunities: Monitor price action around the current levels, with attention to the 24-hour trading range (8.0589–8.1198 TWD) for potential entry and exit points.

Conclusion

Continue to monitor the MYR/TWD pair closely through February 23, 2026 and beyond, integrating technical indicators with regional economic developments to refine your trading strategy.

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