Trend Table for HAD - Horizons Active Cdn Bond ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 24	D	Weak or Absent	Down	Down	Down	3.81%
Feb 23	D	Weak or Absent	Down	Down	Down	3.45%
Feb 22	D	Weak or Absent	Down	Down	Down	3.81%
Feb 14	D	Weak or Absent	Down	Down	Down	2.51%
Feb 7	C	Weak or Absent	Down	Up	Flat	0.92%
Feb 6	C	Weak or Absent	Down	Up	Flat	0.69%
Feb 1	C	Weak or Absent	Down	Up	Up	0.02%
Jan 30	C	Weak or Absent	Down	Up	Up	0.58%
Jan 25	C	Weak or Absent	Down	Up	Up	-0.53%
Jan 23	C	Weak or Absent	Down	Up	Up	0.02%