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
Dec 14	B	Weak or Absent	N/A	Up	Flat	2.71%
Dec 13	C	Strong	N/A	Up	Down	3.38%
Dec 12	B	Strong	N/A	Up	Down	3.65%
Dec 11	B	Strong	N/A	Up	Down	3.51%
Dec 8	B	Strong	N/A	Up	Flat	2.84%
Dec 7	B	Strong	N/A	Up	Flat	2.98%
Dec 5	B	Strong	N/A	Up	Flat	2.71%
Dec 4	B	Strong	N/A	Up	Up	2.58%
Dec 1	B	Strong	N/A	Up	Up	2.31%
Nov 30	B	Strong	N/A	Up	Up	2.58%