Trend Table for PGDC - Patagonia Gold Corp.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 13	A	Weak or Absent	Up	Up	Up	14.29%
Sep 12	A	Weak or Absent	Up	Up	Up	14.29%
Sep 11	B	Weak or Absent	Up	Up	Up	33.33%
Sep 10	B	Weak or Absent	Up	Up	Up	33.33%
Sep 9	B	Weak or Absent	Up	Up	Up	33.33%
Sep 6	A	Weak or Absent	Up	Up	Up	14.29%
Sep 5	A	Weak or Absent	Up	Up	Up	33.33%
Sep 4	B	Weak or Absent	Up	Up	Up	60.00%
Sep 3	B	Weak or Absent	Up	Up	Up	60.00%
Aug 30	C	Weak or Absent	Up	Up	Up	60.00%