Trend Table for FRU - Freehold Royalties Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 16	A	Weak or Absent	Up	Up	Up	0.89%
Oct 13	A	Weak or Absent	Up	Up	Up	3.45%
Oct 12	C	Weak or Absent	Flat	Flat	Flat	5.11%
Oct 11	C	Weak or Absent	Flat	Flat	Flat	4.96%
Oct 10	C	Weak or Absent	Flat	Flat	Flat	5.18%
Oct 6	B	Strong	Down	Down	Down	6.67%
Oct 5	B	Weak or Absent	Down	Down	Down	8.59%
Oct 4	B	Weak or Absent	Down	Down	Down	9.61%
Oct 3	B	Weak or Absent	Down	Down	Down	6.82%
Oct 2	B	Weak or Absent	Down	Down	Down	5.77%