Trend Table for HXDM.U - Horizons Intl Dev Mkts Eqty Idx USD ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 20	B	Weak or Absent	Up	Up	Up	12.57%
Nov 16	C	Weak or Absent	Up	Flat	Up	14.54%
Nov 1	C	Weak or Absent	Down	Down	Down	20.86%
Oct 20	C	Weak or Absent	Down	Down	Down	21.16%
Oct 16	C	Weak or Absent	Flat	Down	Down	18.35%
Oct 11	B	Weak or Absent	Up	Down	Flat	16.49%
Oct 10	B	Weak or Absent	Up	Down	Down	16.81%
Oct 3	C	Weak or Absent	Down	Down	Down	21.12%
Oct 2	B	Weak or Absent	Down	Down	Down	19.55%
Sep 26	A	Weak or Absent	Flat	Down	Down	17.98%