Today's THB to SEK Price Update

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Summary

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

Definition

The Thai Baht (THB) is the official currency of Thailand, while the Swedish Krona (SEK) is the primary fiat currency of Sweden. The exchange rate between them reflects market sentiment regarding the relative economic strength and stability of both currencies.

Today’s Price

  • 1 THB = 0.2955 SEK
  • 24h High: 0.29597 SEK
  • 24h Low: 0.29432 SEK

Market Analysis

Recent THB/SEK price movements show relatively tight trading ranges with modest volatility. The current rate is positioned above the 50-day Simple Moving Average (SMA) at 0.2933 SEK, suggesting a slightly positive technical bias.

  • Technical levels: Current resistance near 0.3003 SEK, key support at the 50-day SMA of 0.2933 SEK
  • Short-term outlook: Forecasts suggest potential movement toward 0.2963–0.2999 SEK over the next 7 days
  • Trading opportunities: Monitor for breakout attempts above 0.3003 SEK or support holds near 0.2933 SEK for directional confirmation

Conclusion

Continue monitoring the THB/SEK pair closely, integrating technical analysis with moving average trends. Traders should watch for breakouts above key resistance levels and remain alert to potential support at the 50-day SMA for informed trading decisions.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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