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
Dec 18	A	Strong	Up	Up	Flat	16.39%
Dec 15	A	Strong	Up	Up	Flat	16.74%
Dec 14	A	Strong	Up	Up	Up	16.18%
Dec 13	A	Weak or Absent	Up	Up	Up	16.05%
Dec 12	A	Weak or Absent	Up	Up	Up	16.72%
Dec 11	A	Weak or Absent	Up	Up	Up	16.59%
Dec 8	A	Weak or Absent	Up	Up	Up	17.01%
Dec 7	A	Weak or Absent	Up	Up	Flat	17.92%
Dec 6	A	Weak or Absent	Up	Up	Up	17.59%
Dec 5	A	Weak or Absent	Up	Up	Flat	18.18%