Today's IDR to THB Price Update

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Summary

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

Definition

The Indonesian Rupiah (IDR) and Thai Baht (THB) are major fiat currencies in Southeast Asia. The exchange rate between them reflects economic factors influencing both Thailand and Indonesia, such as interest rate differentials, inflation rates, economic growth, and political stability.

Today’s Price

  • 1 IDR = 0.00186 THB
  • 24h High: 0.0018625 THB
  • 24h Low: 0.0018531 THB

Market Analysis

Recent IDR/THB price movements show mixed technical signals. The 14-day Relative Strength Index (RSI) for IDR/THB stands at 36.540, suggesting oversold conditions and a bearish sentiment for the pair.

  • Technical signals: RSI at 36.540 indicates a potential sell signal
  • Risk note: The pair currently displays negative signals with limited upside momentum
  • Trading considerations: Monitor for potential turnaround opportunities as the pair approaches oversold levels

Conclusion

Continue to monitor the IDR/THB pair closely, integrating technical indicators with broader market sentiment to identify potential entry and exit points for trading strategies.

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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