Trend Table for BRF - Market Vectors Brazil Small-Cap ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 25	F	Weak or Absent	Down	Down	Down	7.53%
Jul 24	F	Weak or Absent	Down	Down	Down	7.02%
Jul 23	D	Weak or Absent	Down	Down	Down	4.83%
Jul 22	D	Weak or Absent	Down	Flat	Down	2.98%
Jul 19	D	Strong	Down	Down	Down	4.79%
Jul 18	D	Strong	Down	Down	Down	4.27%
Jul 17	D	Strong	Down	Up	Flat	0.07%
Jul 16	D	Strong	Down	Up	Up	-1.26%
Jul 15	D	Strong	Down	Up	Up	-1.30%
Jul 12	D	Strong	Down	Up	Up	-1.29%