Trend Table for GEMD - Goldman Sachs Access Emerging Markets USD Bond ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 26	A	Strong	Up	Up	Up	6.84%
Feb 1	A	Strong	Up	Up	Up	6.71%
Jan 31	A	Strong	Up	Up	Flat	7.56%
Jan 30	B	Strong	Up	Up	Flat	7.40%
Jan 25	C	Strong	Up	Up	Down	8.42%
Jan 19	B	Strong	Up	Up	Down	8.15%
Jan 12	B	Strong	Up	Up	Down	7.35%
Jan 4	B	Strong	Up	Up	Down	8.42%
Jan 2	B	Strong	Up	Up	Down	7.48%
Dec 29	B	Strong	Up	Up	Flat	6.56%