Trend Table for DBEF - db-X trackers MSCI EAFE Hedged Equity Fund

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 13	A	Weak or Absent	Up	Up	Up	2.31%
May 10	A	Weak or Absent	Up	Up	Up	2.24%
May 9	A	Weak or Absent	Up	Up	Up	2.48%
May 8	A	Weak or Absent	Up	Up	Up	3.03%
May 7	A	Weak or Absent	Up	Up	Up	3.13%
May 6	A	Weak or Absent	Up	Up	Up	3.66%
May 3	A	Weak or Absent	Up	Up	Up	4.55%
May 2	A	Weak or Absent	Up	Up	Flat	5.22%
May 1	A	Weak or Absent	Up	Flat	Flat	5.67%
Apr 30	A	Weak or Absent	Up	Up	Up	5.17%