Trend Table for MHNC - Maiden Holdings North America, Ltd. 7.75% Notes due 2043

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 20	C	Weak or Absent	Up	Down	Down	0.00%
Nov 19	C	Strong	Up	Down	Down	0.53%
Nov 18	B	Strong	Up	Up	Down	-4.19%
Nov 15	B	Strong	Up	Up	Down	-4.30%
Nov 14	B	Strong	Up	Up	Down	-5.85%
Nov 13	C	Strong	Up	Up	Down	-3.79%
Nov 12	C	Strong	Up	Up	Down	-3.26%
Nov 11	C	Strong	Up	Up	Down	-6.00%
Nov 8	C	Strong	Up	Up	Down	-5.27%
Nov 7	C	Strong	Up	Up	Flat	-7.92%