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 16	A	Weak or Absent	Up	Up	Flat	22.83%
May 15	A	Weak or Absent	Up	Up	Up	21.88%
May 12	A	Weak or Absent	Up	Up	Up	22.52%
May 11	A	Weak or Absent	Up	Up	Flat	23.14%
May 10	B	Weak or Absent	Up	Up	Flat	23.45%
May 9	A	Weak or Absent	Up	Up	Flat	22.93%
May 8	A	Weak or Absent	Up	Up	Up	22.69%
May 5	A	Weak or Absent	Up	Up	Up	22.83%
May 4	B	Weak or Absent	Up	Up	Down	24.56%
May 3	B	Weak or Absent	Up	Up	Down	24.17%