Trend Table for PGDC - Patagonia Gold Corp.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 5	F	Weak or Absent	Down	Down	Down	166.67%
May 3	F	Weak or Absent	Down	Down	Down	166.67%
May 2	F	Weak or Absent	Down	Down	Down	300.00%
May 1	F	Weak or Absent	Down	Down	Down	166.67%
Apr 27	F	Weak or Absent	Down	Down	Down	166.67%
Apr 18	D	Weak or Absent	Down	Down	Down	166.67%
Apr 17	C	Weak or Absent	Down	Up	Down	100.00%
Apr 14	D	Weak or Absent	Down	Down	Down	166.67%
Apr 13	C	Weak or Absent	Down	Up	Down	100.00%
Apr 12	C	Weak or Absent	Down	Up	Up	60.00%