Today's SEK to IDR Price Update

Summary

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

Definition

The Swedish Krona (SEK) is the official currency of Sweden and a key fiat currency in the Nordic region, while the Indonesian Rupiah (IDR) is the official currency of Indonesia. The exchange rate between them reflects market sentiment toward both currencies and the economic conditions of their respective regions.

Today’s Price

• 1 SEK = 1,826.04 IDR
• 24h High: 1,828.31 IDR
• 24h Low: 1,821.41 IDR

Market Analysis

The SEK/IDR pair is currently trading above its 50-day moving average of 1,793.02, suggesting a bullish technical setup. The pair has shown relatively stable price action within a narrow range over the past 24 hours.

• Technical levels: The 50-day moving average at 1,793.02 IDR serves as a key support indicator
• Trading signals: Technical analysis indicates a Buy bias for the pair
• Price targets: Some forecasts suggest potential upside toward 1,870.15 IDR

Conclusion

Continue to monitor the SEK/IDR pair closely, integrating technical indicators with market sentiment. Traders should focus on the established support and resistance levels while considering the bullish technical setup indicated by the 50-day moving average positioning.