Today's TWD to XOF Price Update

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Summary

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

Definition

The New Taiwan Dollar (TWD) is the official currency of Taiwan, while the West African CFA franc (XOF) is the currency used by eight West African countries. The exchange rate between them reflects market sentiment toward both currencies and broader economic conditions in their respective regions.

Today’s Price

  • 1 TWD = 17.66 XOF
  • 24h High: 17.6864 XOF
  • 24h Low: 17.6153 XOF

Market Analysis

The TWD/XOF pair has shown modest volatility over the past 24 hours, with a trading range of approximately 0.0711 XOF between the daily high and low points.

  • Technical levels: Key support at 17.6153 XOF, resistance at 17.6864 XOF
  • Risk note: Traders should monitor for potential breakouts beyond the established daily range
  • Trading opportunities: Watch for consolidation patterns within the current trading band for potential entry and exit points

Conclusion

Continue to monitor the TWD/XOF pair closely for any significant movements beyond the current daily range. Traders should remain alert to economic developments in both Taiwan and West African regions that may influence currency valuations.

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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