Trend Table for FRU - Freehold Royalties Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 22	B	Weak or Absent	Up	Up	Up	5.51%
Feb 21	B	Weak or Absent	Up	Up	Up	7.55%
Feb 20	C	Weak or Absent	Down	Flat	Flat	9.84%
Feb 16	C	Weak or Absent	Up	Up	Up	7.79%
Feb 15	C	Weak or Absent	Flat	Up	Up	9.44%
Feb 14	D	Weak or Absent	Down	Down	Down	10.89%
Feb 13	C	Weak or Absent	Down	Flat	Flat	10.08%
Feb 12	C	Weak or Absent	Down	Flat	Down	10.48%
Feb 9	C	Weak or Absent	Down	Flat	Down	10.16%
Feb 8	C	Weak or Absent	Down	Flat	Down	9.92%