Today's HKD to PHP Price Update

Summary

This report provides the real-time exchange rate between the Hong Kong Dollar (HKD) and Philippine Peso (PHP), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The Hong Kong Dollar (HKD) is a major fiat currency pegged to the U.S. Dollar, while the Philippine Peso (PHP) is the official currency of the Philippines. The exchange rate between them reflects market sentiment toward regional economic conditions and currency stability in Southeast Asia.

Today’s Price

• 1 HKD = 7.55 PHP
• 24h High: 7.558 PHP
• 24h Low: 7.5488 PHP

Market Analysis

The HKD/PHP pair is currently trading in a neutral zone with limited volatility. Technical indicators suggest a balanced market structure.

• Technical levels: The 14-day RSI for HKD/PHP stands at 47.951, indicating a neutral bias with no clear directional pressure
• Risk note: Short-term forecast suggests a potential -0.06% decline over the next month
• Trading opportunities: Monitor the 7.5488–7.558 PHP range for potential entry and exit points

Conclusion

Continue to monitor the HKD/PHP pair closely, integrating technical indicators with regional economic developments. Traders should remain vigilant for potential breakouts from the current neutral zone and adjust positions accordingly based on emerging market signals.