Trend Table for GSEU - Goldman Sachs ActiveBeta Europe Equity ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 20	A	Weak or Absent	Up	Up	Up	2.66%
Feb 16	A	Weak or Absent	Up	Up	Up	3.22%
Feb 15	A	Weak or Absent	Up	Up	Up	3.32%
Feb 14	B	Weak or Absent	Up	Flat	Flat	4.45%
Feb 13	C	Weak or Absent	Up	Down	Down	5.85%
Feb 12	B	Weak or Absent	Up	Up	Flat	3.97%
Feb 9	B	Weak or Absent	Up	Up	Flat	3.96%
Feb 8	B	Weak or Absent	Up	Up	Flat	4.38%
Feb 7	B	Weak or Absent	Up	Up	Flat	4.22%
Feb 6	A	Weak or Absent	Up	Up	Flat	3.84%