Trend Table for FRU - Freehold Royalties Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 21	B	Weak or Absent	Up	Up	Up	2.56%
Mar 20	A	Weak or Absent	Up	Up	Up	2.35%
Mar 19	A	Weak or Absent	Up	Up	Up	2.77%
Mar 18	B	Weak or Absent	Up	Up	Up	3.76%
Mar 15	B	Weak or Absent	Up	Up	Up	4.56%
Mar 14	B	Weak or Absent	Up	Up	Up	4.63%
Mar 13	B	Weak or Absent	Up	Up	Up	5.14%
Mar 12	B	Weak or Absent	Up	Up	Up	6.86%
Mar 11	B	Weak or Absent	Up	Up	Up	6.56%
Mar 8	B	Weak or Absent	Up	Up	Flat	7.40%