This report provides the real-time exchange rate between the Chinese Yuan (CNY) and the Indonesian Rupiah (IDR), helping traders quickly grasp market dynamics and identify potential trading opportunities.
Definition
The Chinese Yuan (CNY) is a major fiat currency in Asia, while the Indonesian Rupiah (IDR) serves as the official currency of Indonesia. The exchange rate between them reflects both the relative economic strength of China and Indonesia, as well as investor confidence in regional currency stability and cross-border trade dynamics.
Today’s Price
1 CNY = 2,392.34 IDR
24h High: 2,395.77 IDR
24h Low: 2,380.24 IDR
Market Analysis
The CNY/IDR exchange rate has demonstrated modest volatility within a narrow trading range over the past 24 hours, reflecting balanced market sentiment between the two currencies.
Technical focus: Monitor key support levels near 2,380 IDR and resistance near 2,396 IDR
Market outlook: Forward forecasts suggest potential appreciation, with projections indicating a 2.17% increase in the coming month
Trading signals: Technical analysis tools including moving averages and oscillators are available for traders seeking to identify buy or sell opportunities
Conclusion
Continue to monitor the CNY/IDR pair closely, utilizing technical analysis tools and market signals to make informed trading decisions. Stay updated on currency movements to optimize your trading strategy and capitalize on emerging opportunities in this currency pair.
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Today's CNY to IDR Price Update
Summary
This report provides the real-time exchange rate between the Chinese Yuan (CNY) and the Indonesian Rupiah (IDR), helping traders quickly grasp market dynamics and identify potential trading opportunities.
Definition
The Chinese Yuan (CNY) is a major fiat currency in Asia, while the Indonesian Rupiah (IDR) serves as the official currency of Indonesia. The exchange rate between them reflects both the relative economic strength of China and Indonesia, as well as investor confidence in regional currency stability and cross-border trade dynamics.
Today’s Price
Market Analysis
The CNY/IDR exchange rate has demonstrated modest volatility within a narrow trading range over the past 24 hours, reflecting balanced market sentiment between the two currencies.
Conclusion
Continue to monitor the CNY/IDR pair closely, utilizing technical analysis tools and market signals to make informed trading decisions. Stay updated on currency movements to optimize your trading strategy and capitalize on emerging opportunities in this currency pair.