Trend Table for PGDC - Patagonia Gold Corp.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 21	C	Strong	Up	Up	Up	166.67%
Dec 19	C	Weak or Absent	Down	Up	Flat	300.00%
Dec 18	C	Weak or Absent	Down	Up	Flat	300.00%
Dec 15	D	Weak or Absent	Down	Up	Flat	300.00%
Dec 8	C	Weak or Absent	Down	Up	Flat	300.00%
Dec 7	C	Weak or Absent	Down	Up	Flat	300.00%
Dec 6	C	Weak or Absent	Down	Up	Flat	300.00%
Dec 5	C	Weak or Absent	Down	Up	Flat	300.00%
Dec 1	C	Weak or Absent	Down	Up	Flat	300.00%
Nov 29	C	Weak or Absent	Down	Up	Flat	300.00%