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 20	B	Strong	N/A	Up	Up	-5.29%
Jan 18	B	Strong	N/A	Up	Up	-5.72%
Jan 17	B	Strong	N/A	Up	Up	-4.86%
Jan 16	B	Strong	N/A	Up	Up	-4.66%
Jan 13	B	Strong	N/A	Up	Up	-4.97%
Jan 12	A	Weak or Absent	N/A	Up	Up	-4.90%
Jan 11	A	Weak or Absent	N/A	Up	Up	-4.06%
Jan 9	A	Weak or Absent	N/A	Up	Up	-2.86%
Dec 29	B	Weak or Absent	N/A	Flat	Up	-2.05%
Dec 23	B	Strong	N/A	Up	Up	-2.47%