Today's THB to INR Price Update

Summary

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

Definition

The Thai Baht (THB) is the official currency of Thailand, while the Indian Rupee (INR) is the primary fiat currency of India. The exchange rate between them reflects the relative economic strength of both nations and serves as an important indicator for regional forex traders and businesses engaged in cross-border transactions.

Today’s Price

• 1 THB = 2.92 INR
• 24h High: 2.922 INR
• 24h Low: 2.9093 INR

Market Analysis

Recent THB/INR price movements reflect the currency pair’s sensitivity to regional economic conditions and forex market dynamics. Technical analysis of the pair reveals mixed signals across multiple timeframes.

• Technical indicators: Moving averages show a Neutral outlook with balanced Buy and Sell signals across various periods (MA5 to MA200). The MACD indicator suggests potential buying pressure.
• Key support and resistance: Traders should monitor tactical buying opportunities near lower support levels, with attention to Fibonacci pivot points and standard pivot levels for entry and exit strategies.
• Risk consideration: The pair exhibits moderate volatility within the 24-hour range, requiring careful risk management for short-term positions.

Conclusion

Continue to monitor the THB/INR pair through technical analysis tools including moving averages, oscillators, and pivot point levels. Traders should integrate chart pattern analysis with support and resistance identification to develop effective trading strategies aligned with their risk tolerance.