Czech Koruna US Dollar CZK/USD

Czech Koruna US Dollar (CZK/USD) closed up by 0.74% to 21.78 on 23 January 2021 and +2.42% on a weekly basis. Czech Koruna US Dollar (CZK/USD) momentum was last calculated at -50.0/100 indicating negative momentum. Czech Koruna US Dollar (CZK/USD) trend is -100.0/100 indicating a negative trend. Czech Koruna US Dollar (CZK/USD) momentum exhaustion is -1.52733 indicating Czech Koruna US Dollar (CZK/USD) is oversold.Czech Koruna US Dollar (CZK/USD) RSI is 41.2903 .

Czech Koruna US Dollar CZK/USD Chart

Czech Koruna US Dollar CZK/USD

Czech Koruna US Dollar CZK/USD Statistics

MacroVar multi-factor statistical models monitor financial factors which are used to analyze and predict the Czech Koruna US Dollar (CZK/USD). Click here to explore the financial factors monitored and their current signals.

Click here to explore the methodology used for estimating the Czech Koruna US Dollar (CZK/USD) trading signals presented in the Czech Koruna US Dollar (CZK/USD) statistics table.

Security Symbol Last Momentum Trend Oscillator RSI 1D% 1W% 1M% 1Y%
Czech Koruna US Dollar (CZK/USD) CZKUSD 21.78 -0.5 -1 -1.52733 41.2903 0.74 2.42 1.98 -0.04564

Czech Koruna US Dollar (CZK/USD) closed at 21.78 on 23 January 2021. Czech Koruna US Dollar (CZK/USD) trend was last calculated at -100.0/100 (range: -100 to +100) indicating a negative trend based on MacroVar models. Czech Koruna US Dollar (CZK/USD) momentum was last calculated at -50.0/100 (range: -100 to +100) indicating negative momentum. Czech Koruna US Dollar (CZK/USD) momentum exhaustion is -1.52733 (normal range: -2.5 to +2.5, overbought values: greater than 2.5, oversold values: less than 2.5) indicating Czech Koruna US Dollar (CZK/USD) is oversold and a possible reversal is imminent. Czech Koruna US Dollar (CZK/USD) RSI was last calculated at 41.2903. Czech Koruna US Dollar (CZK/USD) moving averages were last recorded as follows: 1-month moving average: 21.5579 in a downtrend , 1-quarter moving average: 22.2547 in a downtrend and 1-year moving average: 23.2232 in a downtrend. Czech Koruna US Dollar (CZK/USD) annual return was last recorded at None%, daily return was last recorded at 0.74%, and weekly return was last recorded at 2.42%. Czech Koruna US Dollar (CZK/USD) histrorical 20-day volatility was last recorded at 8.28884%, Czech Koruna US Dollar (CZK/USD) alpha None, Czech Koruna US Dollar (CZK/USD) beta None and Czech Koruna US Dollar (CZK/USD) maximum drawdown was recorded at None%. MacroVar models monitor Czech Koruna US Dollar (CZK/USD) statistics based on historical data since 1970.

Czech Koruna US Dollar CZK/USD News

Czech Koruna US Dollar (CZK/USD) Factors

Czech Koruna US Dollar (CZK/USD)

Factor Symbol Last Value Predicted Value R2 MacroVar Signal
Czech PMI vs FX CZ.FACT.FXPMI 23.2808 38.7419 -1.59359
Czech ESI vs FX CZ.FACT.FXESI 23.2808 105.009 1.85308

Czech Republic Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
PX Index PX 1188.12 1 0.5 -0.04334 78.901 2.51 1.9 8.48 -0.03845
Czech Koruna US Dollar (CZK/USD) CZKUSD 21.78 -0.5 -1 -1.52733 41.2903 0.74 2.42 1.98 -0.04564
Czech Republic 10-Year Bond Yield CZ.10Y 1.76 0.5 0.25 0.38697 52.6911 -3.08 -3.08 0.86 -0.23006
Czech Republic 5-Year Bond Yield CZ.5Y 1.66 0.5 0 -0.14339 48.3775 -2.18 1.72 29.69 -0.5163
Czech Republic 2-year bond yield CZ.2Y 1.42 -0.5 0.25 -0.60753 51.2166 167.92 297.76 121.18 -0.93587
Czech Republic Yield Curve CZ.YC 0.34 0 0.5 1.09163 49.8797 -73.56 -76.7 -69.17 -15.7013

Czech Republic Economic Indicators

Indicator Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
balance of trade 6347 20913 -0.696505 -12.1156 -1.0 1.0 0.0333333 2021-05-31
banks balance sheet 8734120 8661080 0.00843313 0.0650924 1.0 1.0 0.55 2021-02-28
building permits 6144 6044 0.0165453 -0.0328978 -1.0 -1.0 0.233333 2021-02-28
business confidence 103.7 99.1 0.0464178 0.391946 1.0 1.0 1 2021-06-30
capital flows -8524.66 39670.5 -1.21489 -1.345 -1.0 -1.0 0.3 2021-05-31
car registrations 22561 21734 0.038051 0.0861778 1.0 1.0 0.733333 2021-06-30
cash reserve ratio 2 2 0 0 -1.0 -1.0 0.508333 2020-01-31
central bank balance sheet 3607530 3550420 0.0160854 0.0558954 -1.0 1.0 0.433333 2021-02-28
consumer confidence 105.5 102.8 0.0262646 0.125934 1.0 1.0 0.983333 2021-06-30
consumer price index cpi 115.2 114.6 0.0052356 0.0276539 1.0 1.0 0.666667 2021-06-30
core inflation rate 2.51 2.73 -0.0805861 -0.0467148 -1.0 -1.0 0.316667 2021-06-30
current account 3075.3 678.28 3.53397 0.333377 1.0 1.0 0.55 2021-01-01
current account to gdp -0.4 0.3 -2.33333 -0.913043 1.0 1.0 0 2019-01-31
deposit interest rate 0.05 0.05 0 -0.95 -1.0 -1.0 0.0833333 2021-01-31
exports 374102 309775 0.207657 0.290777 1.0 1.0 1 2021-03-31
external debt 164770 163880 0.0054308 -0.0254448 -1.0 -1.0 0.05 2021-01-01
fiscal expenditure 169892 174160 -0.0245062 0.0242109 1.0 1.0 0.283333 2021-06-30
foreign direct investment 146052 173747 -0.159398 -0.933293 -1.0 -1.0 0 2020-01-28
foreign exchange reserves 169070 166790 0.0136699 0.123359 1.0 1.0 0.6 2021-05-31
gdp 243.53 246.49 -0.0120086 0.0331325 1.0 1.0 0 2020-01-31
Real GDP 1258.34 1261.64 -0.00261564 -0.014265 -1.0 -1.0 0.0333333 2021-01-30
gdp growth -0.3 0.6 -1.5 -1.42857 -1.0 -1.0 0.266667 2021-01-01
gdp growth annual -2.1 -4.8 -0.5625 -1.4375 -1.0 -1.0 0.283333 2021-01-01
gold reserves 9.54 9.48 0.00632911 0.0148936 1.0 1.0 1 2021-01-01
government budget -6.2 0.3 -21.6667 2.1 -1.0 -1.0 0 2020-01-31
Government budget -10087.2 -62978.4 -0.839831 -0.733408 1.0 1.0 0.383333 2021-06-30
government debt 1740470 1734630 0.00336671 0.633462 1.0 1.0 0 2019-01-31
government debt to gdp 38.1 30.3 0.257426 0.34629 1.0 1.0 0 2020-01-31
government revenues 159805 111182 0.437328 0.248106 1.0 1.0 0.983333 2021-06-30
housing index 166.8 159.5 0.045768 0.3344 1.0 1.0 0 2021-01-01
housing starts 8451 8101 0.0432045 0.109346 -1.0 1.0 0.55 2021-01-01
imports 355594 287278 0.237805 0.230876 1.0 1.0 1 2021-03-31
industrial production 25.3 55.1 -0.540835 -2.03689 1.0 1.0 0.2 2021-05-31
industrial production mom -3.6 1.9 -2.89474 -0.85124 -1.0 1.0 0.666667 2021-05-31
inflation cpi 2.8 2.9 -0.0344828 -0.151515 1.0 -1.0 0.166667 2021-06-30
interbank rate 0.17 0.17 0 0 -1.0 -1.0 0.508333 2021-04-27
interest rate 0.25 1 -0.75 -0.875 -1.0 -1.0 0.0166667 2020-05-07
lending rate 1.25 1 0.25 0.25 1.0 1.0 0.583333 2021-06-30
loans to private sector 1145280 1139620 0.00496657 0.0073089 -1.0 1.0 0.0666667 2021-02-28
long term unemployment rate 0.7 0.6 0.166667 -0.125 1.0 -1.0 0.6 2020-10-01
manufacturing pmi 62.7 61.8 0.0145631 0.396437 1.0 1.0 0.95 2021-06-30
money supply m0 688099 685815 0.00333034 0.0761552 1.0 1.0 0.516667 2021-05-31
money supply m1 5130250 5081080 0.00967708 0.139812 1.0 1.0 0.816667 2021-05-31
money supply m2 5507510 5471610 0.00656114 0.100487 1.0 1.0 0.766667 2021-05-31
money supply m3 5581090 5568150 0.00232393 0.102394 1.0 1.0 0.766667 2021-04-30
Producer Price Index 109.3 108.4 0.00830258 0.061165 1.0 1.0 1 2021-06-30
PPI Index 6.1 5.1 0.196078 -8.625 1.0 1.0 0.0333333 2021-06-30
retail sales MoM 7.3 0.7 9.42857 -4.31818 1.0 1.0 0.15 2021-05-31
retail sales 8.1 7.5 0.08 -6.0625 1.0 1.0 0.0166667 2021-05-31
unemployment rate 3.7 3.9 -0.0512821 0 -1.0 -1.0 0.758333 2021-06-30
youth unemployment rate 7.5 8.3 -0.0963855 -0.0625 -1.0 -1.0 0.633333 2021-05-31
Construction sector -8.6 -7.2 0.194444 -0.348485 1.0 1.0 0.616667 2021-04-01
Consumer sector -8.3 -17.1 -0.51462 -0.502994 1.0 1.0 0.533333 2021-04-01
Manufacturing sector 3.2 -3.7 -1.86486 -1.10256 1.0 1.0 0.2 2021-04-01
Retail sector 13.1 5.2 1.51923 3.22581 1.0 1.0 1 2021-04-01
Services sector 14.7 1.5 8.8 -3.33333 1.0 1.0 0.0166667 2021-04-01
ESI - Economic Composite 94.6 83.3 0.135654 0.371015 1.0 1.0 1 2021-04-01

Czech Koruna US Dollar (CZK/USD) Trading Signals


MacroVar estimates the following signals: Czech Koruna US Dollar (CZK/USD) momentum, Czech Koruna US Dollar (CZK/USD) trend, Czech Koruna US Dollar (CZK/USD) oscillator, Czech Koruna US Dollar (CZK/USD) RSI and Czech Koruna US Dollar (CZK/USD) returns.

Czech Koruna US Dollar (CZK/USD) Momentum

Momentum trading is used to capture moves in shorter timeframes than trends. Momentum is the relative change occurring in markets. Relative change is different to a trend. A long-term trend can be up but the short-term momentum of a specific market can be 0. If a market moves down and then moves up and then moves back down the net relative change in price is 0. That means momentum is 0. A short-term positive momentum, with a long-term downtrend results in markets with no momentum.

MacroVarCzech Koruna US Dollar (CZK/USD) momentum signal ranges from -100 to +100. The Czech Koruna US Dollar (CZK/USD) momentum signal is derived as the mean value from 4 calculations for the Czech Koruna US Dollar (CZK/USD). The timeframes monitored are the following: 1 Day (1 trading day), 1 Week (5 trading days), 1 Month (20 trading days), 3 Months (60 trading days)
For each timeframe, the following calculations are performed: 1. Czech Koruna US Dollar (CZK/USD) return is calculated for the specific timeframe and 2. if the return calculated is higher than 0, signal value output is 1 else signal value is -1. Czech Koruna US Dollar CZK/USD momentum signal is the aggregate of the the 4 values. A technical momentum rollover is identified when Czech Koruna US Dollar (CZK/USD) momentum signal moves from positive to negative value or vice-versa.

Czech Koruna US Dollar (CZK/USD) trend

Czech Koruna US Dollar (CZK/USD) trend signal ranges from -100 to +100. Czech Koruna US Dollar (CZK/USD) trend indicator is the mean value of the 8 calculations described below. The timeframes monitored are the following: 1-month (20 trading days), 3-months (60 trading days), 6-months (125 trading days), 1-year (250 trading days)
For each timeframe, the following calculations are performed: 1. Czech Koruna US Dollar (CZK/USD) Closing price vs Czech Koruna US Dollar (CZK/USD) moving average (MA) calculation: If Czech Koruna US Dollar (CZK/USD) is greater than Czech Koruna US Dollar (CZK/USD) MA value is +1, else -1, 2. Czech Koruna US Dollar (CZK/USD) Moving average slope calculation: if current Czech Koruna US Dollar (CZK/USD) moving average is higher than the previous MA, Czech Koruna US Dollar (CZK/USD) upward slope +1, else -1
Czech Koruna US Dollar (CZK/USD) trend model can be used as a trend strength indicator. Czech Koruna US Dollar (CZK/USD) trend strength values ranging between +75 and +100 or -75 and -100 show strong trend strength.
A technical trend rollover is identified when Czech Koruna US Dollar (CZK/USD) trend strength indicator moves from positive to negative value or vice-versa.

The most important trend indicator
The Czech Koruna US Dollar (CZK/USD) 52-week simple moving average and its slope are the most important indicators defining a market’s trend. Czech Koruna US Dollar (CZK/USD) is in an uptrend when Czech Koruna US Dollar (CZK/USD) price is higher than the 52-week moving average and the Czech Koruna US Dollar (CZK/USD) 52-week moving average has an upward slope. If fundamentals of the market have not changed and the moving average slope is still in uptrend, a price drop signifies a market correction and not a change of trend. Traders should watch oscillators like the Czech Koruna US Dollar (CZK/USD) oscillator and Czech Koruna US Dollar (CZK/USD) RSI to buy the dip and still follow the trend. The moving average slope turn signifies a change of trend.

Czech Koruna US Dollar (CZK/USD) oscillator

The Czech Koruna US Dollar (CZK/USD) oscillator estimated by MacroVar is the z-score of the current Czech Koruna US Dollar (CZK/USD) price versus Czech Koruna US Dollar (CZK/USD) 1-year simple moving average price. The formula for the Czech Koruna US Dollar (CZK/USD) oscillator is:
Czech Koruna US Dollar (CZK/USD) oscillator = (Current Price – 250 trading days Czech Koruna US Dollar (CZK/USD) simple moving average price) / (250 days Czech Koruna US Dollar (CZK/USD) price standard deviation)

Czech Koruna US Dollar (CZK/USD) oversold conditions
Czech Koruna US Dollar (CZK/USD) is oversold when it is subject to a persistent downward pressure due to extreme fund outflows. When the Czech Koruna US Dollar (CZK/USD) is oversold it is often due for a rebound. Values of the Czech Koruna US Dollar (CZK/USD) oscillator lower than -2.5 signify oversold conditions. It must be noted that the Czech Koruna US Dollar (CZK/USD) oscillator must be analyzed ibn conjunction with the rest of Czech Koruna US Dollar (CZK/USD) quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the Czech Koruna US Dollar (CZK/USD) RSI.
Czech Koruna US Dollar (CZK/USD) overbought conditions
Czech Koruna US Dollar (CZK/USD) is overbought when it is subject to a persistent upward pressure due to extreme fund inflows. When the Czech Koruna US Dollar (CZK/USD) is overbought it is often due for a correction. Values of the Czech Koruna US Dollar (CZK/USD) oscillator higher than +2.5 signify overbought conditions. It must be noted that the MacroVar oscillator must be compared to the rest of the Czech Koruna US Dollar (CZK/USD) quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the RSI.

Czech Koruna US Dollar (CZK/USD) RSI indicator

The RSI indicator measures the speed and change of price movements. The RSI indicator oscillates between 0 and 100. RSI is a useful indicator during normal trending market conditions when an asset price oscillates around its trend value. During big moves and strong trends however, like short squeezes or price spikes RSI and other oscillators don’t work.
During normal trend market conditions and when Czech Koruna US Dollar (CZK/USD) is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. During Czech Koruna US Dollar (CZK/USD) uptrend, RSI values of 40 to 50 signify oversold conditions before the uptrend is ready to resume. It is strongly not recommended to enter a position when the RSI is “overbought” and falling or vice versa.

Czech Koruna US Dollar (CZK/USD) returns

MacroVar calculates Czech Koruna US Dollar (CZK/USD) returns for the following timeframes: Daily, Weekly, Monthly, Yearly. The formula for calculating returns is:

Czech Koruna US Dollar (CZK/USD) returns = (Czech Koruna US Dollar (CZK/USD) Closing Price – Czech Koruna US Dollar (CZK/USD) Previous Price)/(Czech Koruna US Dollar (CZK/USD) Previous Price)
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