Today's ZAR to TWD Price Update

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Summary

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

Definition

The South African Rand (ZAR) and the New Taiwan Dollar (TWD) are important fiat currencies representing their respective regional economies. The exchange rate between them reflects market sentiment toward both currencies and serves as an indicator of relative economic strength and investor confidence.

Today’s Price

  • 1 ZAR = 1.97 TWD
  • 24h High: 1.9818 TWD
  • 24h Low: 1.9759 TWD

Market Analysis

Recent ZAR/TWD price movements reflect ongoing currency market dynamics in the 2026-02-03 market cycle to date.

  • Technical levels: Key support at 1.9759 TWD, resistance at 1.9818 TWD
  • Technical outlook: Multiple moving averages indicate selling pressure, with 12 sell signals versus 0 buy signals across MA5 to MA200 periods. The MACD reading of -0.001 suggests bearish momentum
  • Risk note: Current technical indicators show strong sell signals, indicating potential downside pressure in the near term
  • Trading opportunities: Monitor support levels around 1.9759 TWD for potential reversal points; watch for breaks below key support for confirmation of bearish trends

Conclusion

Continue to monitor the ZAR/TWD pair closely, integrating technical indicators with broader market sentiment. The current technical setup warrants caution, with traders advised to respect key support and resistance levels when positioning trades.

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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