Trend Table for QEBL - Mackenzie Emerging Mkts Local Cur Bd ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 22	F	Strong	Down	Down	Down	6.95%
Jan 16	F	Strong	Down	Down	Down	6.86%
Jan 15	F	Strong	Down	Down	Down	4.98%
Jan 5	F	Strong	Down	Down	Down	6.28%
Jan 3	F	Weak or Absent	Down	Down	Down	6.23%
Dec 28	F	Weak or Absent	Down	Down	Down	6.28%
Dec 27	D	Weak or Absent	Down	Down	Down	-3.12%
Dec 21	D	Weak or Absent	Down	Down	Down	-4.48%
Dec 15	D	Weak or Absent	Down	Down	Down	-3.07%
Dec 13	D	Weak or Absent	Down	Down	Down	-3.43%