Today's ARS to IDR Price Update

Summary

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

Definition

The Argentine Peso (ARS) is the primary fiat currency of Argentina, while the Indonesian Rupiah (IDR) is the official currency of Indonesia. The exchange rate between them reflects market conditions in emerging economies and currency valuation dynamics in foreign exchange markets.

Today’s Price

• 1 ARS = 11.58 IDR
• 24h High: 11.4965 IDR
• 24h Low: 11.4827 IDR

Market Analysis

The ARS/IDR pair is currently showing technical signals worth monitoring. Recent technical analysis indicates a Relative Strength Index (RSI) of 55.715 over the 14-day period, suggesting a Buy signal for the pair.

• Technical indicators: RSI at 55.715 indicates potential upside momentum
• 30-day performance: The pair has traded between a high of 11.5997 and a low of 11.3260 over the past month, with a 30-day average of 11.5015
• Trading considerations: Support and resistance levels remain important reference points for day traders and swing traders

Conclusion

Continue to monitor the ARS/IDR pair closely, integrating technical indicators such as RSI and moving averages with real-time price action. Traders should pay attention to key support and resistance levels identified through candlestick chart patterns to optimize entry and exit strategies.