Trend Table for FRU - Freehold Royalties Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 24	B	Weak or Absent	Up	Up	Up	7.79%
Jan 23	B	Weak or Absent	Flat	Up	Flat	8.33%
Jan 22	D	Weak or Absent	Down	Down	Down	9.75%
Jan 19	D	Weak or Absent	Down	Down	Down	10.63%
Jan 18	D	Weak or Absent	Down	Down	Down	10.96%
Jan 17	D	Weak or Absent	Down	Down	Down	10.23%
Jan 16	D	Weak or Absent	Down	Down	Down	9.27%
Jan 15	B	Weak or Absent	Up	Up	Up	5.75%
Jan 12	C	Weak or Absent	Up	Up	Up	6.42%
Jan 11	C	Weak or Absent	Up	Up	Up	6.35%