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
Jan 3	A	Weak or Absent	Up	Up	Flat	15.82%
Jan 2	A	Weak or Absent	Up	Up	Flat	15.32%
Dec 29	A	Weak or Absent	Up	Up	Up	15.07%
Dec 28	A	Weak or Absent	Up	Up	Flat	15.22%
Dec 27	A	Strong	Up	Up	Up	15.07%
Dec 26	A	Strong	Up	Up	Up	15.10%
Dec 22	A	Strong	Up	Up	Up	15.41%
Dec 21	A	Strong	Up	Up	Up	15.50%
Dec 20	A	Strong	Up	Up	Flat	16.52%
Dec 19	A	Strong	Up	Up	Up	15.66%