Trend Table for FRU - Freehold Royalties Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 15	A	Weak or Absent	Up	Up	Up	0.16%
Sep 14	A	Weak or Absent	Up	Up	Up	1.50%
Sep 13	A	Weak or Absent	Flat	Up	Flat	3.72%
Sep 12	A	Weak or Absent	Up	Up	Up	2.32%
Sep 11	B	Weak or Absent	Flat	Up	Flat	4.00%
Sep 8	A	Weak or Absent	Up	Up	Up	2.80%
Sep 7	A	Weak or Absent	Up	Up	Up	3.23%
Sep 6	A	Weak or Absent	Flat	Up	Up	3.36%
Sep 5	A	Weak or Absent	Up	Up	Up	2.74%
Sep 1	B	Weak or Absent	Flat	Up	Up	3.72%