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
Feb 14	F	Strong	Down	Down	Flat	6.94%
Feb 13	F	Strong	Down	Down	Flat	7.09%
Feb 12	F	Strong	Down	Down	Down	7.97%
Feb 9	F	Strong	Down	Down	Flat	7.04%
Feb 5	F	Strong	Down	Down	Down	7.85%
Feb 1	F	Strong	Down	Down	Flat	6.13%
Jan 31	F	Strong	Down	Down	Down	7.16%
Jan 29	F	Strong	Down	Down	Down	6.88%
Jan 24	F	Strong	Down	Down	Down	6.88%
Jan 23	F	Strong	Down	Down	Down	6.79%