Trend Table for ZEF - BMO Emerging Markets Bond Hedged to CAD Index ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 31	C	Weak or Absent	Up	Flat	Flat	0.00%
May 30	C	Weak or Absent	Up	Down	Flat	0.16%
May 29	C	Weak or Absent	Up	Down	Down	0.16%
May 28	C	Weak or Absent	Up	Flat	Flat	-0.08%
May 27	C	Weak or Absent	Up	Flat	Flat	-0.16%
May 24	A	Weak or Absent	Up	Flat	Flat	-0.73%
May 23	C	Weak or Absent	Up	Flat	Flat	-0.16%
May 22	C	Weak or Absent	Up	Flat	Flat	-0.41%
May 21	B	Weak or Absent	Up	Flat	Flat	-0.73%
May 16	C	Weak or Absent	Up	Flat	Flat	-0.33%