Trend Table for PGDC - Patagonia Gold Corp.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 31	B	Weak or Absent	Up	Up	Up	60.00%
May 29	B	Weak or Absent	Up	Up	Down	100.00%
May 28	C	Weak or Absent	Up	Up	Down	100.00%
May 27	C	Weak or Absent	Up	Up	Down	100.00%
May 24	B	Weak or Absent	Up	Up	Up	60.00%
May 22	C	Weak or Absent	Up	Up	Down	100.00%
May 21	C	Weak or Absent	Up	Up	Down	100.00%
May 17	C	Weak or Absent	Up	Up	Down	100.00%
May 15	B	Weak or Absent	Up	Up	Up	60.00%
May 9	B	Weak or Absent	Up	Up	Up	60.00%