Trend Table for GRZ - Gold Reserve Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 11	B	Strong	Up	Down	Down	-8.47%
Oct 10	B	Strong	Up	Down	Down	-12.90%
Oct 6	B	Strong	Up	Down	Flat	-20.12%
Oct 4	B	Strong	Up	Down	Down	-19.64%
Oct 3	B	Strong	Up	Down	Down	-19.40%
Oct 2	B	Strong	Up	Down	Down	-16.92%
Sep 29	B	Strong	Up	Down	Up	-22.64%
Sep 28	B	Strong	Up	Down	Down	-19.16%
Sep 27	B	Strong	Up	Down	Down	-19.40%
Sep 26	B	Strong	Up	Down	Down	-21.74%