Trend Table for GRZ - Gold Reserve Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 11	B	Strong	Up	Up	Down	-27.61%
Sep 8	A	Strong	Up	Up	Down	-28.38%
Sep 7	A	Strong	Up	Up	Flat	-32.84%
Sep 6	A	Strong	Up	Up	Flat	-32.84%
Sep 5	B	Strong	Up	Up	Down	-32.33%
Sep 1	A	Strong	Up	Up	Up	-33.99%
Aug 31	B	Strong	Up	Up	Down	-32.33%
Aug 30	B	Strong	Up	Up	Down	-31.30%
Aug 29	B	Strong	Up	Up	Down	-31.99%
Aug 28	A	Strong	Up	Up	Flat	-33.99%