Trend Table for PGDC - Patagonia Gold Corp.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 9	B	Weak or Absent	Up	Up	Flat	100.00%
Feb 6	C	Weak or Absent	Up	Up	Down	100.00%
Feb 5	C	Weak or Absent	Up	Up	Down	100.00%
Jan 31	C	Strong	Up	Up	Down	100.00%
Jan 30	C	Strong	Up	Up	Down	100.00%
Jan 29	C	Strong	Up	Up	Down	100.00%
Jan 26	C	Strong	Up	Up	Down	100.00%
Jan 25	C	Strong	Up	Up	Down	100.00%
Jan 24	C	Strong	Up	Up	Down	100.00%
Jan 18	C	Strong	Up	Up	Down	100.00%