Trend Table for FRU - Freehold Royalties Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 28	B	Weak or Absent	Up	Flat	Flat	5.71%
Aug 27	C	Weak or Absent	Up	Up	Up	4.42%
Aug 26	C	Weak or Absent	Up	Up	Up	3.82%
Aug 23	C	Weak or Absent	Up	Up	Up	5.02%
Aug 22	C	Weak or Absent	Flat	Flat	Up	6.48%
Aug 21	D	Weak or Absent	Flat	Down	Up	7.11%
Aug 20	D	Weak or Absent	Flat	Down	Up	7.19%
Aug 19	D	Weak or Absent	Flat	Down	Up	7.27%
Aug 16	D	Weak or Absent	Down	Down	Up	7.51%
Aug 15	D	Weak or Absent	Flat	Flat	Up	6.87%