Trend Table for PGDC - Patagonia Gold Corp.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 31	D	Weak or Absent	Down	Down	Down	166.67%
Jul 28	F	Weak or Absent	Down	Down	Down	166.67%
Jul 27	F	Weak or Absent	Down	Down	Down	166.67%
Jul 26	F	Weak or Absent	Down	Down	Down	166.67%
Jul 25	D	Weak or Absent	Down	Up	Up	100.00%
Jul 24	F	Weak or Absent	Down	Down	Flat	166.67%
Jul 20	F	Weak or Absent	Down	Down	Flat	166.67%
Jul 19	F	Weak or Absent	Down	Down	Flat	166.67%
Jul 17	F	Weak or Absent	Down	Down	Up	166.67%
Jul 13	F	Weak or Absent	Down	Down	Up	166.67%