Today's THB to MYR Price Update

Summary

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

Definition

The Thai Baht (THB) and Malaysian Ringgit (MYR) are key 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 Malaysia.

Today’s Price

• 1 THB = 0.1305 MYR
• 24h High: 0.13061 MYR
• 24h Low: 0.12973 MYR

Market Analysis

Recent THB/MYR price action shows relatively tight trading ranges with modest volatility. Technical analysis indicates mixed signals across key indicators.

• Technical levels: Fibonacci pivot point support at 0.1304 MYR, Camarilla support levels clustered around 0.1304–0.1305 MYR
• Indicator signals: StochRSI shows overbought conditions (84.899), while ADX (18.745) suggests neutral momentum; overall technical indicators present 7 Buy signals against 0 Sell signals
• Risk note: Overbought conditions may warrant caution on aggressive long positions in the near term
• Trading opportunities: Monitor support levels near 0.1304 MYR for potential entry points; watch for breakout opportunities above resistance levels

Conclusion

Continue to monitor the THB/MYR pair closely, integrating technical support and resistance zones with broader regional economic developments. Traders should remain alert to overbought conditions while considering the bullish technical setup for medium-term positioning.