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
Nov 9	B	Weak or Absent	Up	Up	Up	-7.88%
Nov 8	B	Weak or Absent	Up	Up	Up	-9.38%
Nov 7	B	Weak or Absent	Up	Up	Up	-8.44%
Nov 3	D	Weak or Absent	Down	Down	Up	-3.40%
Oct 27	B	Weak or Absent	Down	Down	Up	-3.07%
Oct 25	C	Weak or Absent	Down	Down	Down	-1.13%
Oct 23	C	Weak or Absent	Down	Down	Down	-1.47%
Oct 12	C	Weak or Absent	Down	Down	Down	-1.53%
Oct 11	D	Weak or Absent	Down	Down	Down	-1.22%
Oct 10	D	Weak or Absent	Down	Down	Down	0.05%