Trend Table for EMLC - Market Vectors Emerging Markets Local Currency Bond ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 23	D	Weak or Absent	Up	Down	Flat	-0.67%
Feb 22	C	Weak or Absent	Up	Down	Flat	-0.80%
Feb 21	C	Weak or Absent	Up	Down	Flat	-0.88%
Feb 20	C	Weak or Absent	Up	Down	Flat	-0.71%
Feb 16	D	Weak or Absent	Up	Down	Flat	-0.63%
Feb 15	D	Weak or Absent	Up	Flat	Flat	-0.92%
Feb 14	D	Weak or Absent	Up	Down	Flat	-0.27%
Feb 13	C	Weak or Absent	Up	Down	Down	0.18%
Feb 12	D	Weak or Absent	Up	Down	Flat	-0.80%
Feb 9	D	Weak or Absent	Up	Down	Flat	-0.75%