Trend Table for KGC - Kestrel Gold Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 15	C	Strong	Down	Up	Up	0.00%
Dec 14	D	Strong	Down	Down	Down	20.00%
Dec 12	D	Strong	Down	Down	Down	20.00%
Dec 8	F	Strong	Down	Down	Down	20.00%
Dec 7	F	Strong	Down	Down	Down	20.00%
Dec 6	D	Strong	Down	Up	Up	0.00%
Dec 4	D	Strong	Down	Up	Up	0.00%
Dec 1	F	Strong	Down	Down	Up	20.00%
Nov 30	D	Strong	Down	Down	Up	20.00%
Nov 28	D	Strong	Down	Down	Up	20.00%