This report provides the real-time exchange rate between the Indonesian Rupiah (IDR) and the Indian Rupee (INR), helping traders quickly grasp market dynamics and identify potential trading opportunities.
Definition
The Indonesian Rupiah (IDR) and Indian Rupee (INR) are major fiat currencies of Southeast Asia and South Asia respectively. The exchange rate between them reflects the relative economic strength of both nations and serves as an important indicator for regional trade and investment flows.
Today’s Price
1 IDR = 0.00548 INR
24h High: 0.0054942 INR
24h Low: 0.0054568 INR
Market Analysis
Recent IDR/INR price movement shows a strong bearish technical outlook, with moving averages from MA5 to MA200 indicating 12 Sell signals and 0 Buy signals. The pair is currently experiencing downward pressure.
Technical levels: Monitor support and resistance zones using technical analysis tools including moving averages and oscillators
Forecast outlook: The IDR to INR exchange rate is forecasted to decrease by approximately -0.81% in the next month, potentially dropping to around 0.005344 INR
Risk note: The technical indicators suggest sustained selling pressure in the near term
Conclusion
Continue monitoring the IDR/INR pair closely, paying particular attention to technical analysis signals and the forecasted downward trend. Traders should incorporate moving average crossovers and support/resistance levels into their trading strategies to effectively manage risk in this currency pair.
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.
Today's IDR to INR Price Update
Summary
This report provides the real-time exchange rate between the Indonesian Rupiah (IDR) and the Indian Rupee (INR), helping traders quickly grasp market dynamics and identify potential trading opportunities.
Definition
The Indonesian Rupiah (IDR) and Indian Rupee (INR) are major fiat currencies of Southeast Asia and South Asia respectively. The exchange rate between them reflects the relative economic strength of both nations and serves as an important indicator for regional trade and investment flows.
Today’s Price
Market Analysis
Recent IDR/INR price movement shows a strong bearish technical outlook, with moving averages from MA5 to MA200 indicating 12 Sell signals and 0 Buy signals. The pair is currently experiencing downward pressure.
Conclusion
Continue monitoring the IDR/INR pair closely, paying particular attention to technical analysis signals and the forecasted downward trend. Traders should incorporate moving average crossovers and support/resistance levels into their trading strategies to effectively manage risk in this currency pair.