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
Jan 30	A	Weak or Absent	Up	Up	Up	6.29%
Jan 29	A	Weak or Absent	Up	Up	Up	6.83%
Jan 23	B	Weak or Absent	Up	Up	Down	8.52%
Jan 22	B	Weak or Absent	Up	Up	Flat	8.04%
Jan 18	B	Weak or Absent	Up	Up	Down	9.39%
Jan 16	B	Weak or Absent	Up	Up	Down	8.21%
Jan 12	A	Weak or Absent	Up	Up	Up	6.49%
Jan 11	B	Weak or Absent	Up	Up	Up	7.13%
Jan 9	B	Weak or Absent	Up	Up	Flat	7.87%
Jan 4	A	Weak or Absent	Up	Up	Flat	8.08%