Trend Table for ZFS - BMO Short Federal Bond Index ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 27	B	Strong	Up	Up	Flat	1.82%
Dec 22	B	Strong	Up	Up	Flat	1.74%
Dec 21	B	Strong	Up	Up	Flat	1.82%
Dec 20	A	Strong	Up	Up	Flat	1.82%
Dec 19	B	Strong	Up	Up	Flat	1.97%
Dec 18	A	Strong	Up	Up	Flat	2.12%
Dec 15	A	Strong	Up	Up	Flat	1.97%
Dec 13	A	Strong	Up	Up	Flat	2.20%
Dec 12	B	Strong	Up	Up	Flat	2.73%
Dec 8	A	Strong	Up	Up	Flat	2.50%