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
Sep 27	D	Weak or Absent	N/A	Down	Up	7.71%
Sep 25	D	Weak or Absent	N/A	Down	Up	6.99%
Sep 22	D	Weak or Absent	N/A	Down	Flat	8.45%
Sep 21	D	Weak or Absent	N/A	Down	Flat	8.30%
Sep 20	F	Weak or Absent	N/A	Down	Flat	8.74%
Sep 14	F	Strong	N/A	Down	Down	8.89%
Sep 11	F	Strong	N/A	Down	Down	9.19%
Sep 8	F	Strong	N/A	Down	Down	8.74%
Sep 7	F	Strong	N/A	Down	Down	8.89%
Sep 6	F	Strong	N/A	Down	Down	8.45%