Today's PHP to CNY Price Update

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Summary

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

Definition

The Philippine Peso (PHP) is the official fiat currency of the Philippines, while the Chinese Yuan (CNY) is the primary fiat currency of China. The exchange rate between them reflects bilateral trade dynamics, macroeconomic conditions, and investor sentiment toward both currencies in the Asian market.

Today’s Price

  • 1 PHP = 0.119 CNY
  • 24h High: 0.11909 CNY
  • 24h Low: 0.11804 CNY

Market Analysis

The PHP/CNY pair is currently showing neutral technical signals as of January 6, 2026. Technical indicators present a mixed outlook:

  • Technical levels: Moving averages (MA5, MA10, MA100, MA200) are positioned around 0.1188–0.1192, suggesting a sell signal in the near term. The ADX(14) reading of 57.519 indicates neutral momentum.
  • Key support: 0.11804 CNY (24h low)
  • Key resistance: 0.11909 CNY (24h high)
  • Risk note: The consistent sell signals from multiple moving averages suggest caution for new long positions in the short term.

Conclusion

Monitor the PHP/CNY pair closely, paying attention to support and resistance levels identified above. Traders should exercise caution given the neutral-to-bearish technical setup and consider waiting for clearer directional signals before establishing new positions.

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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