Trend Table for PTF - Pender Growth Fund (VCC) Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 8	B	Weak or Absent	Up	Up	Flat	-5.54%
Apr 5	C	Weak or Absent	Up	Up	Down	-3.59%
Apr 3	C	Weak or Absent	Flat	Up	Down	-0.29%
Mar 28	C	Weak or Absent	Up	Up	Down	-4.25%
Mar 27	B	Weak or Absent	Up	Up	Up	-5.54%
Mar 26	B	Weak or Absent	Up	Up	Up	-5.54%
Mar 25	B	Weak or Absent	Up	Up	Up	-6.80%
Mar 22	B	Weak or Absent	Up	Up	Up	-8.03%
Mar 21	C	Weak or Absent	Up	Up	Up	-6.17%
Mar 20	C	Weak or Absent	Up	Up	Up	-5.54%