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.
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Today's IDR to THB Price Update
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
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.
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.