Czech Republic 10-Year Bond Yield

Czech Republic 10-Year Bond Yield closed down by -3.08% to 1.76 on 23 January 2021 and +-3.08% on a weekly basis. Czech Republic 10-Year Bond Yield momentum was last calculated at +50.0/100 indicating positive momentum. Czech Republic 10-Year Bond Yield trend is +25.0/100 indicating a positive trend. Czech Republic 10-Year Bond Yield momentum exhaustion is 0.38697 indicating Czech Republic 10-Year Bond Yield is oversold.Czech Republic 10-Year Bond Yield RSI is 52.6911 .

Czech Republic 10-Year Bond Yield Chart

Czech Republic 10-Year Bond Yield

Czech Republic 10-Year Bond Yield Statistics

MacroVar multi-factor statistical models monitor financial factors which are used to analyze and predict the Czech Republic 10-Year Bond Yield. Click here to explore the financial factors monitored and their current signals.

Click here to explore the methodology used for estimating the Czech Republic 10-Year Bond Yield trading signals presented in the Czech Republic 10-Year Bond Yield statistics table.

SecuritySymbolLastMomentumTrendOscillatorRSI1D%1W%1M%1Y%
Czech Republic 10-Year Bond YieldCZ.10Y1.760.50.250.3869752.6911-3.08-3.080.86-0.23006

Czech Republic 10-Year Bond Yield closed at 1.76 on 23 January 2021. Czech Republic 10-Year Bond Yield trend was last calculated at +25.0/100 (range: -100 to +100) indicating a positive trend based on MacroVar models. Czech Republic 10-Year Bond Yield momentum was last calculated at +50.0/100 (range: -100 to +100) indicating positive momentum. Czech Republic 10-Year Bond Yield momentum exhaustion is 0.38697 (normal range: -2.5 to +2.5, overbought values: greater than 2.5, oversold values: less than 2.5) indicating Czech Republic 10-Year Bond Yield is oversold and a possible reversal is imminent. Czech Republic 10-Year Bond Yield RSI was last calculated at 52.6911. Czech Republic 10-Year Bond Yield moving averages were last recorded as follows: 1-month moving average: 1.2564 in a downtrend , 1-quarter moving average: 1.1495 in an uptrend and 1-year moving average: 1.13377 in a downtrend. Czech Republic 10-Year Bond Yield annual return was last recorded at None%, daily return was last recorded at -3.08%, and weekly return was last recorded at -3.08%. Czech Republic 10-Year Bond Yield histrorical 20-day volatility was last recorded at 33.5622%, Czech Republic 10-Year Bond Yield alpha None, Czech Republic 10-Year Bond Yield beta None and Czech Republic 10-Year Bond Yield maximum drawdown was recorded at None%. MacroVar models monitor Czech Republic 10-Year Bond Yield statistics based on historical data since 1970.

Czech Republic 10-Year Bond Yield News

Czech Republic 10-Year Bond Yield Factors

Czech Republic 10-Year Bond Yield

FactorSymbolLast ValuePredicted ValueR2MacroVar Signal
Czech PMI vs 10YCZ.FACT.10YPMI0.998114.792-0.969031
Czech Republic ESI vs 10YCZ.FACT.10YESI0.99851.8619-0.424691
Czech 10Y vs FXCZ.FACT.FX10Y3.3533.2040

Czech Republic Markets

MarketSymbolLastMomTrendExhRSI1D%1W%1M%1Y%
PX IndexPX1188.1210.5-0.0433478.9012.511.98.48-0.03845
Czech Koruna US Dollar (CZK/USD)CZKUSD 21.78-0.5-1-1.5273341.29030.742.421.98-0.04564
Czech Republic 10-Year Bond YieldCZ.10Y1.760.50.250.3869752.6911-3.08-3.080.86-0.23006
Czech Republic 5-Year Bond YieldCZ.5Y1.660.50-0.1433948.3775-2.181.7229.69-0.5163
Czech Republic 2-year bond yieldCZ.2Y1.42-0.50.25-0.6075351.2166167.92297.76121.18-0.93587
Czech Republic Yield CurveCZ.YC0.3400.51.0916349.8797-73.56-76.7-69.17-15.7013

Czech Republic Economic Indicators

IndicatorActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
balance of trade634720913-0.696505-12.1156-1.01.00.03333332021-05-31
banks balance sheet873412086610800.008433130.06509241.01.00.552021-02-28
building permits614460440.0165453-0.0328978-1.0-1.00.2333332021-02-28
business confidence103.799.10.04641780.3919461.01.012021-06-30
capital flows-8524.6639670.5-1.21489-1.345-1.0-1.00.32021-05-31
car registrations22561217340.0380510.08617781.01.00.7333332021-06-30
cash reserve ratio2200-1.0-1.00.5083332020-01-31
central bank balance sheet360753035504200.01608540.0558954-1.01.00.4333332021-02-28
consumer confidence105.5102.80.02626460.1259341.01.00.9833332021-06-30
consumer price index cpi115.2114.60.00523560.02765391.01.00.6666672021-06-30
core inflation rate2.512.73-0.0805861-0.0467148-1.0-1.00.3166672021-06-30
current account3075.3678.283.533970.3333771.01.00.552021-01-01
current account to gdp-0.40.3-2.33333-0.9130431.01.002019-01-31
deposit interest rate0.050.050-0.95-1.0-1.00.08333332021-01-31
exports3741023097750.2076570.2907771.01.012021-03-31
external debt1647701638800.0054308-0.0254448-1.0-1.00.052021-01-01
fiscal expenditure169892174160-0.02450620.02421091.01.00.2833332021-06-30
foreign direct investment146052173747-0.159398-0.933293-1.0-1.002020-01-28
foreign exchange reserves1690701667900.01366990.1233591.01.00.62021-05-31
gdp243.53246.49-0.01200860.03313251.01.002020-01-31
Real GDP1258.341261.64-0.00261564-0.014265-1.0-1.00.03333332021-01-30
gdp growth-0.30.6-1.5-1.42857-1.0-1.00.2666672021-01-01
gdp growth annual-2.1-4.8-0.5625-1.4375-1.0-1.00.2833332021-01-01
gold reserves9.549.480.006329110.01489361.01.012021-01-01
government budget-6.20.3-21.66672.1-1.0-1.002020-01-31
Government budget-10087.2-62978.4-0.839831-0.7334081.01.00.3833332021-06-30
government debt174047017346300.003366710.6334621.01.002019-01-31
government debt to gdp38.130.30.2574260.346291.01.002020-01-31
government revenues1598051111820.4373280.2481061.01.00.9833332021-06-30
housing index166.8159.50.0457680.33441.01.002021-01-01
housing starts845181010.04320450.109346-1.01.00.552021-01-01
imports3555942872780.2378050.2308761.01.012021-03-31
industrial production25.355.1-0.540835-2.036891.01.00.22021-05-31
industrial production mom-3.61.9-2.89474-0.85124-1.01.00.6666672021-05-31
inflation cpi2.82.9-0.0344828-0.1515151.0-1.00.1666672021-06-30
interbank rate0.170.1700-1.0-1.00.5083332021-04-27
interest rate0.251-0.75-0.875-1.0-1.00.01666672020-05-07
lending rate1.2510.250.251.01.00.5833332021-06-30
loans to private sector114528011396200.004966570.0073089-1.01.00.06666672021-02-28
long term unemployment rate0.70.60.166667-0.1251.0-1.00.62020-10-01
manufacturing pmi62.761.80.01456310.3964371.01.00.952021-06-30
money supply m06880996858150.003330340.07615521.01.00.5166672021-05-31
money supply m1513025050810800.009677080.1398121.01.00.8166672021-05-31
money supply m2550751054716100.006561140.1004871.01.00.7666672021-05-31
money supply m3558109055681500.002323930.1023941.01.00.7666672021-04-30
Producer Price Index109.3108.40.008302580.0611651.01.012021-06-30
PPI Index6.15.10.196078-8.6251.01.00.03333332021-06-30
retail sales MoM7.30.79.42857-4.318181.01.00.152021-05-31
retail sales8.17.50.08-6.06251.01.00.01666672021-05-31
unemployment rate3.73.9-0.05128210-1.0-1.00.7583332021-06-30
youth unemployment rate7.58.3-0.0963855-0.0625-1.0-1.00.6333332021-05-31
Construction sector-8.6-7.20.194444-0.3484851.01.00.6166672021-04-01
Consumer sector-8.3-17.1-0.51462-0.5029941.01.00.5333332021-04-01
Manufacturing sector3.2-3.7-1.86486-1.102561.01.00.22021-04-01
Retail sector13.15.21.519233.225811.01.012021-04-01
Services sector14.71.58.8-3.333331.01.00.01666672021-04-01
ESI - Economic Composite94.683.30.1356540.3710151.01.012021-04-01

Czech Republic 10-Year Bond Yield Trading Signals


MacroVar estimates the following signals: Czech Republic 10-Year Bond Yield momentum, Czech Republic 10-Year Bond Yield trend, Czech Republic 10-Year Bond Yield oscillator, Czech Republic 10-Year Bond Yield RSI and Czech Republic 10-Year Bond Yield returns.

Czech Republic 10-Year Bond Yield 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 Republic 10-Year Bond Yield momentum signal ranges from -100 to +100. The Czech Republic 10-Year Bond Yield momentum signal is derived as the mean value from 4 calculations for the Czech Republic 10-Year Bond Yield. 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 Republic 10-Year Bond Yield 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 Republic 10-Year Bond Yield momentum signal is the aggregate of the the 4 values. A technical momentum rollover is identified when Czech Republic 10-Year Bond Yield momentum signal moves from positive to negative value or vice-versa.

Czech Republic 10-Year Bond Yield trend

Czech Republic 10-Year Bond Yield trend signal ranges from -100 to +100. Czech Republic 10-Year Bond Yield 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 Republic 10-Year Bond Yield Closing price vs Czech Republic 10-Year Bond Yield moving average (MA) calculation: If Czech Republic 10-Year Bond Yield is greater than Czech Republic 10-Year Bond Yield MA value is +1, else -1, 2. Czech Republic 10-Year Bond Yield Moving average slope calculation: if current Czech Republic 10-Year Bond Yield moving average is higher than the previous MA, Czech Republic 10-Year Bond Yield upward slope +1, else -1
Czech Republic 10-Year Bond Yield trend model can be used as a trend strength indicator. Czech Republic 10-Year Bond Yield trend strength values ranging between +75 and +100 or -75 and -100 show strong trend strength.
A technical trend rollover is identified when Czech Republic 10-Year Bond Yield trend strength indicator moves from positive to negative value or vice-versa.

The most important trend indicator
The Czech Republic 10-Year Bond Yield 52-week simple moving average and its slope are the most important indicators defining a market’s trend. Czech Republic 10-Year Bond Yield is in an uptrend when Czech Republic 10-Year Bond Yield price is higher than the 52-week moving average and the Czech Republic 10-Year Bond Yield 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 Republic 10-Year Bond Yield oscillator and Czech Republic 10-Year Bond Yield RSI to buy the dip and still follow the trend. The moving average slope turn signifies a change of trend.

Czech Republic 10-Year Bond Yield oscillator

The Czech Republic 10-Year Bond Yield oscillator estimated by MacroVar is the z-score of the current Czech Republic 10-Year Bond Yield price versus Czech Republic 10-Year Bond Yield 1-year simple moving average price. The formula for the Czech Republic 10-Year Bond Yield oscillator is:
Czech Republic 10-Year Bond Yield oscillator = (Current Price – 250 trading days Czech Republic 10-Year Bond Yield simple moving average price) / (250 days Czech Republic 10-Year Bond Yield price standard deviation)

Czech Republic 10-Year Bond Yield oversold conditions
Czech Republic 10-Year Bond Yield is oversold when it is subject to a persistent downward pressure due to extreme fund outflows. When the Czech Republic 10-Year Bond Yield is oversold it is often due for a rebound. Values of the Czech Republic 10-Year Bond Yield oscillator lower than -2.5 signify oversold conditions. It must be noted that the Czech Republic 10-Year Bond Yield oscillator must be analyzed ibn conjunction with the rest of Czech Republic 10-Year Bond Yield 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 Republic 10-Year Bond Yield RSI.
Czech Republic 10-Year Bond Yield overbought conditions
Czech Republic 10-Year Bond Yield is overbought when it is subject to a persistent upward pressure due to extreme fund inflows. When the Czech Republic 10-Year Bond Yield is overbought it is often due for a correction. Values of the Czech Republic 10-Year Bond Yield 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 Republic 10-Year Bond Yield 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 Republic 10-Year Bond Yield 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 Republic 10-Year Bond Yield is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. During Czech Republic 10-Year Bond Yield 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 Republic 10-Year Bond Yield returns

MacroVar calculates Czech Republic 10-Year Bond Yield returns for the following timeframes: Daily, Weekly, Monthly, Yearly. The formula for calculating returns is:

Czech Republic 10-Year Bond Yield returns = (Czech Republic 10-Year Bond Yield Closing Price – Czech Republic 10-Year Bond Yield Previous Price)/(Czech Republic 10-Year Bond Yield Previous Price)
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