Trend Table for FRU - Freehold Royalties Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 10	C	Weak or Absent	Flat	Flat	Up	7.05%
Jan 9	D	Weak or Absent	Flat	Flat	Flat	7.67%
Jan 8	D	Weak or Absent	Down	Down	Down	8.92%
Jan 5	F	Weak or Absent	Down	Down	Flat	8.06%
Jan 4	D	Weak or Absent	Down	Down	Flat	8.14%
Jan 3	D	Weak or Absent	Flat	Flat	Up	7.21%
Jan 2	D	Weak or Absent	Down	Down	Flat	8.53%
Dec 29	D	Weak or Absent	Down	Down	Flat	9.16%
Dec 28	D	Weak or Absent	Down	Down	Flat	9.16%
Dec 27	D	Weak or Absent	Down	Down	Up	8.14%