EUR/SCR 15.93084

Market Overview

Market Overview The EUR/SCR last closed at 15.93084, reflecting a 0.34% decline from the previous close of 15.98506, consistent with the ongoing downtrend observed over the past 30 days, where the pair fell approximately 1.05% from a high of 17.3563 to a low near 15.7963. The short-term outlook remains cautious, with potential stabilization near current levels if eurozone data improves or Seychelles’ trade balance shifts. Key technical indicators show the price below the 20-day SMA at 16.41 and 50-day and 200-day DMAs (values not provided), with an RSI indicating bearish momentum. Nearest support is at 15.80 and resistance near the 5-day SMA at 15.97. No major economic events are scheduled imminently to alter this trajectory. For information only. Last Updated 1/15/26