Today's CLP to IDR Price Update

Summary

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

Definition

The Chilean Peso (CLP) is a major fiat currency of Latin America, while the Indonesian Rupiah (IDR) serves as the primary currency of Southeast Asia. The exchange rate between them reflects market dynamics across emerging markets and investor sentiment toward regional economic conditions.

Today’s Price

• 1 CLP = 18.37 IDR
• 24h High: 18.6001 IDR
• 24h Low: 18.3444 IDR

Market Analysis

The CLP/IDR pair continues to reflect broader emerging market currency dynamics. Over the past year, CLP/IDR has appreciated by 12.06%, trading within a 52-week range of 15.87 to 18.46.

• Technical levels: Key support and resistance zones can be identified using trendlines and moving averages to enhance trading strategy
• Risk note: Currency pairs involving emerging markets may experience volatility due to shifts in regional economic conditions and capital flows
• Trading opportunities: Traders should focus on identifying support and resistance levels on price charts to capitalize on potential reversals and trend continuations

Conclusion

Continue to monitor the CLP/IDR pair closely, utilizing technical analysis tools such as support and resistance identification to develop effective trading strategies. Understanding market psychology and price action at key levels will be essential for navigating this currency pair.