Trend Table for FRU - Freehold Royalties Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 3	D	Weak or Absent	Up	Down	Down	6.22%
May 2	C	Weak or Absent	Up	Down	Down	5.84%
May 1	B	Weak or Absent	Up	Down	Down	6.15%
Apr 30	A	Weak or Absent	Up	Flat	Flat	4.57%
Apr 29	A	Weak or Absent	Up	Up	Up	2.34%
Apr 26	A	Weak or Absent	Up	Up	Up	3.05%
Apr 25	B	Weak or Absent	Up	Flat	Flat	4.42%
Apr 24	B	Weak or Absent	Up	Flat	Flat	4.71%
Apr 23	B	Weak or Absent	Up	Flat	Down	4.79%
Apr 22	A	Weak or Absent	Up	Flat	Down	5.16%