Today's THB to PHP Price Update

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Summary

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

Definition

The Thai Baht (THB) and Philippine Peso (PHP) are important fiat currencies in Southeast Asia. The exchange rate between them reflects regional economic conditions, monetary policy divergence, and cross-border trade dynamics between Thailand and the Philippines.

Today’s Price

  • 1 THB = 1.87 PHP
  • 24h High: 1.8782 PHP
  • 24h Low: 1.8687 PHP

Market Analysis

The THB/PHP currency pair is currently experiencing bearish sentiment in the market. Technical indicators show a 14-day RSI reading of 42.87, suggesting weakness in the near-term momentum.

  • Technical focus: Monitor key support and resistance levels through moving averages and common chart indicators
  • Risk note: The bearish market sentiment indicates potential downside pressure in the short term
  • Trading opportunities: Watch for potential buy signals near support levels and sell opportunities as the pair tests resistance zones

Conclusion

Continue to monitor the THB/PHP pair closely, integrating technical analysis with market sentiment indicators. Traders should remain vigilant to identify potential entry and exit points based on evolving technical conditions and market dynamics.

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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