This report provides the real-time exchange rate between the Indonesian Rupiah (IDR) and the Japanese Yen (JPY), helping traders quickly grasp market dynamics and identify potential trading opportunities.
Definition
The Indonesian Rupiah (IDR) is the official currency of Indonesia, while the Japanese Yen (JPY) is one of the world’s major reserve currencies. The exchange rate between them reflects market sentiment regarding the relative strength of these two Asian economies and investor confidence in currency stability.
Today’s Price
1 IDR = 0.00914 JPY
24h High: 0.0091772 JPY
24h Low: 0.009104 JPY
Market Analysis
Recent IDR/JPY price movement shows technical signals worth monitoring. The 14-day Relative Strength Index (RSI) stands at 23.570, indicating that the pair is currently in oversold territory, which may suggest potential for upward correction or consolidation.
Technical levels: Monitor key support and resistance zones as the pair operates in oversold conditions
Risk note: Oversold conditions can persist; traders should await confirmation signals before entering positions
Trading opportunities: Watch for reversal signals near current support levels as oversold conditions may present buying opportunities for contrarian traders
Conclusion
Continue to monitor the IDR/JPY pair closely, with particular attention to technical indicators and potential reversal patterns. The current oversold RSI reading warrants careful observation for potential market turning points and trading opportunities.
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Today's IDR to JPY Price Update
Summary
This report provides the real-time exchange rate between the Indonesian Rupiah (IDR) and the Japanese Yen (JPY), helping traders quickly grasp market dynamics and identify potential trading opportunities.
Definition
The Indonesian Rupiah (IDR) is the official currency of Indonesia, while the Japanese Yen (JPY) is one of the world’s major reserve currencies. The exchange rate between them reflects market sentiment regarding the relative strength of these two Asian economies and investor confidence in currency stability.
Today’s Price
Market Analysis
Recent IDR/JPY price movement shows technical signals worth monitoring. The 14-day Relative Strength Index (RSI) stands at 23.570, indicating that the pair is currently in oversold territory, which may suggest potential for upward correction or consolidation.
Conclusion
Continue to monitor the IDR/JPY pair closely, with particular attention to technical indicators and potential reversal patterns. The current oversold RSI reading warrants careful observation for potential market turning points and trading opportunities.