Trend Table for MHD - Blackrock MuniHoldings Fund, Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 15	A	Weak or Absent	Up	Up	Up	8.64%
Feb 14	A	Weak or Absent	Up	Up	Flat	9.83%
Feb 13	A	Weak or Absent	Up	Up	Flat	10.50%
Feb 12	A	Weak or Absent	Up	Up	Up	9.58%
Feb 9	B	Weak or Absent	Up	Up	Flat	10.32%
Feb 8	A	Weak or Absent	Up	Up	Flat	10.41%
Feb 7	A	Strong	Up	Up	Flat	10.22%
Feb 6	A	Strong	Up	Up	Up	9.95%
Feb 5	A	Strong	Up	Up	Up	10.32%
Feb 2	A	Strong	Up	Up	Up	9.76%