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 13	C	Weak or Absent	Down	Flat	Down	3.03%
Feb 9	C	Weak or Absent	Down	Up	Down	2.44%
Feb 7	B	Weak or Absent	Flat	Up	Flat	1.74%
Feb 2	B	Weak or Absent	Flat	Up	Flat	1.51%
Feb 1	B	Weak or Absent	Up	Up	Up	0.49%
Jan 31	B	Weak or Absent	Flat	Up	Flat	1.63%
Jan 29	C	Weak or Absent	Down	Up	Down	2.32%
Jan 26	C	Weak or Absent	Down	Up	Down	2.20%
Jan 23	C	Weak or Absent	Flat	Up	Down	2.09%
Jan 22	C	Strong	Flat	Up	Down	1.97%