Trend Table for FRU - Freehold Royalties Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 18	A	Weak or Absent	Up	Flat	Down	-1.15%
Apr 17	A	Weak or Absent	Up	Up	Down	-1.56%
Apr 16	B	Weak or Absent	Up	Up	Down	-1.91%
Apr 15	B	Weak or Absent	Up	Up	Down	-2.11%
Apr 12	B	Weak or Absent	Up	Up	Down	-3.33%
Apr 11	A	Weak or Absent	Up	Up	Flat	-3.73%
Apr 10	A	Weak or Absent	Up	Up	Flat	-3.73%
Apr 9	C	Strong	Up	Up	Down	-2.11%
Apr 8	A	Strong	Up	Up	Flat	-3.79%
Apr 5	A	Strong	Up	Up	Flat	-4.58%