Today's IDR to TWD Price Update

Summary

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

Definition

The Indonesian Rupiah (IDR) is the primary legal currency of Indonesia, an emerging Southeast Asian economy, while the New Taiwan Dollar (TWD) is the official currency of Taiwan, a developed East Asian economy. The exchange rate between them reflects the trade relations and economic dynamics between these two regions, as well as investor confidence in their respective monetary stability.

Today’s Price

• 1 IDR = 0.00187 TWD
• 24h High: 0.0018711 TWD
• 24h Low: 0.0018638 TWD

Market Analysis

Recent IDR/TWD price movements show mixed technical signals. The 50-day moving average stands at 0.0019, suggesting a buy bias for the pair. However, the 14-day Relative Strength Index (RSI) for TWD/IDR is at 52.005, indicating neutral momentum.

• Technical levels: 50-day moving average at 0.0019 TWD serves as a key reference point
• Market sentiment: Analysts project a potential 1.51% increase in March compared to current rates
• Trading signals: Technical analysis indicates mixed buy/sell opportunities; traders should monitor momentum shifts

Conclusion

Continue to monitor the IDR/TWD pair closely, integrating technical indicators with market forecasts. Traders should remain vigilant for potential upside movements while managing risks around current neutral momentum conditions.