Trend Table for FRU - Freehold Royalties Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 16	B	Weak or Absent	Up	Up	Up	3.45%
Jul 15	B	Weak or Absent	Up	Up	Up	3.37%
Jul 12	B	Weak or Absent	Up	Up	Up	3.59%
Jul 11	B	Weak or Absent	Up	Up	Up	4.18%
Jul 10	B	Weak or Absent	Flat	Up	Flat	6.54%
Jul 9	C	Weak or Absent	Down	Flat	Down	7.55%
Jul 8	B	Weak or Absent	Flat	Flat	Flat	6.54%
Jul 5	C	Weak or Absent	Flat	Flat	Flat	6.92%
Jul 4	C	Weak or Absent	Up	Up	Up	5.54%
Jul 3	B	Weak or Absent	Up	Up	Up	6.23%