Today's CAD to IDR Price Update

Summary
This article provides real-time exchange rates and volatility information for CAD to IDR, helping traders quickly grasp market dynamics and potential trading opportunities.

Definition

The Canadian Dollar (CAD) is one of the major legal tender currencies, while the Indonesian Rupiah (IDR) represents an important Asian currency. The exchange rate between the two reflects not only the market’s perception of the Canadian economy but also investors’ confidence in the stability of both currencies.

Today’s Price

• 1 CAD = 12005.45 IDR
• 24h High: 12076.3695 IDR
• 24h Low: 12050.1733 IDR

Market Analysis

Recently, the CAD/IDR exchange rate has shown some volatility within a relatively narrow range.

• Technical focus: The current Relative Strength Index (RSI) of CAD/IDR over the 14-day period is 75.794, suggesting that the pair is overbought.
• Risk note: Short-term fluctuations may occur due to the overbought conditions.
• Trading opportunities: Watch for potential reversal signals or consolidation near current levels.

Conclusion

Continue to monitor the CAD/IDR market, combining market trends and technical indicators to reasonably plan trading strategies and capture potential opportunities.