Trend Table for HFP - Horizons Active Hybrid Bond and Preferred Share ETF Common

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 8	B	Strong	N/A	Up	Up	0.00%
Jan 5	B	Strong	N/A	Up	Up	0.00%
Jan 4	B	Strong	N/A	Up	Up	0.13%
Jan 3	B	Strong	N/A	Up	Up	0.63%
Dec 29	B	Weak or Absent	N/A	Up	Up	0.76%
Dec 28	B	Weak or Absent	N/A	Up	Up	1.02%
Dec 21	C	Weak or Absent	N/A	Up	Flat	2.98%
Dec 19	B	Strong	N/A	Up	Flat	2.18%
Dec 18	B	Strong	N/A	Up	Up	1.27%
Dec 15	B	Weak or Absent	N/A	Up	Up	1.53%