Today's PHP to IDR Price Update

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Summary

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

Definition

The Philippine Peso (PHP) and Indonesian Rupiah (IDR) are major fiat currencies in Southeast Asia. The exchange rate between them reflects market sentiment regarding the relative economic strength and currency stability of the Philippines and Indonesia, serving as an important indicator for regional trade and investment flows.

Today’s Price

  • 1 PHP = 284.28 IDR
  • 24h High: 284.7977 IDR
  • 24h Low: 284.3471 IDR

Market Analysis

Recent PHP/IDR price movement shows technical weakness, with moving averages indicating a Strong Sell outlook across multiple timeframes (MA5 to MA200), accompanied by 12 Sell signals and 0 Buy signals.

  • Technical outlook: Current bearish bias suggests downward pressure on PHP against IDR
  • Risk note: The predominance of sell signals indicates heightened downside risk in the near term
  • Trading opportunities: Monitor for potential reversal patterns and support level confirmations before considering counter-trend positions

Conclusion

Continue to monitor the PHP/IDR pair closely, with particular attention to technical indicators and moving average signals. Market forecasts suggest PHP/IDR may reach 286.34 IDR by the end of 2026 (+0.76% from current levels). Traders should exercise caution given the current bearish technical setup and adjust positions accordingly based on evolving market conditions.

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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