Trend Table for GRZ - Gold Reserve Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 25	A	Strong	Up	Up	Down	-33.50%
Aug 24	A	Strong	Up	Up	Flat	-33.66%
Aug 23	A	Strong	Up	Up	Up	-34.62%
Aug 22	A	Strong	Up	Up	Up	-35.25%
Aug 21	A	Strong	Up	Up	Up	-34.94%
Aug 18	A	Strong	Up	Up	Up	-34.78%
Aug 17	A	Strong	Up	Up	Up	-35.87%
Aug 16	A	Strong	Up	Up	Up	-32.50%
Aug 15	A	Strong	Up	Up	Up	-33.33%
Aug 14	A	Strong	Up	Up	Flat	-30.77%