Trend Table for CARB - Horizons Carbon Credits ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 27	D	Strong	Down	Down	Up	-19.14%
Dec 21	D	Strong	Down	Down	Up	-17.26%
Dec 20	D	Strong	Down	Down	Up	-13.44%
Dec 18	F	Strong	Down	Down	Down	-10.23%
Dec 15	F	Strong	Down	Down	Down	-6.50%
Dec 14	F	Strong	Down	Down	Down	-7.40%
Dec 7	F	Strong	Down	Down	Down	-10.46%
Dec 6	F	Strong	Down	Down	Down	-9.87%
Dec 5	F	Strong	Down	Down	Down	-10.34%
Dec 4	F	Strong	Down	Down	Down	-12.21%