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
Mar 11	B	Weak or Absent	Up	Up	Up	-4.02%
Mar 6	B	Weak or Absent	Up	Up	Up	-3.27%
Mar 1	B	Weak or Absent	Up	Up	Flat	-2.94%
Feb 29	B	Weak or Absent	Flat	Up	Flat	-2.61%
Feb 22	C	Weak or Absent	Down	Up	Down	-1.94%
Feb 20	B	Weak or Absent	Flat	Up	Flat	-2.72%
Feb 13	C	Weak or Absent	Down	Flat	Down	-1.49%
Feb 9	C	Weak or Absent	Down	Up	Down	-2.05%
Feb 7	B	Weak or Absent	Flat	Up	Flat	-2.72%
Feb 2	B	Weak or Absent	Flat	Up	Flat	-2.94%