Trend Table for FRU - Freehold Royalties Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jun 3	C	Weak or Absent	Flat	Down	Up	6.46%
May 31	A	Strong	Up	Up	Up	1.76%
May 30	C	Strong	Up	Flat	Up	4.80%
May 29	C	Strong	Up	Down	Up	5.54%
May 28	C	Strong	Up	Down	Up	5.47%
May 27	D	Strong	Down	Down	Flat	8.64%
May 24	D	Strong	Down	Down	Down	9.85%
May 23	D	Strong	Down	Down	Down	10.58%
May 22	D	Weak or Absent	Down	Down	Down	9.36%
May 21	D	Weak or Absent	Down	Down	Down	8.24%