Do we have the option to add Conditional Formating Tokens?

Hi,

I need to send out a newsletter and I'm looking for an option to create conditional formatting tokens (or other methods) if available.

For example if the value from a field is "0" I want the token to display "False" and if it's 1 I want the token to display "True" in the newsletter.
Can it also be done using collors, for false to highlight it in red and for false to highlight it in green.

Or if there are other ways to do this, without using tokens, what would those be?

Looking forward for some suggestions/solutions.

Many thanks,

Mihai