Trend Table for EEA - The European Equity Fund, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 31	C	Weak or Absent	Up	Up	Up	9.53%
Jan 30	C	Weak or Absent	Up	Up	Up	9.27%
Jan 29	C	Weak or Absent	Up	Up	Up	8.25%
Jan 26	C	Weak or Absent	Up	Up	Up	9.27%
Jan 25	B	Weak or Absent	Up	Flat	Flat	10.31%
Jan 24	C	Weak or Absent	Up	Flat	Flat	10.57%
Jan 23	D	Weak or Absent	Up	Flat	Down	11.37%
Jan 22	D	Weak or Absent	Up	Flat	Down	11.23%
Jan 19	D	Weak or Absent	Up	Flat	Down	11.72%
Jan 18	C	Weak or Absent	Up	Flat	Down	11.23%