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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 2	D	Weak or Absent	Up	Down	Flat	15.81%
Feb 1	D	Weak or Absent	Up	Down	Down	17.88%
Jan 31	D	Weak or Absent	Up	Down	Down	17.88%
Jan 30	D	Weak or Absent	Up	Down	Down	15.75%
Jan 29	D	Weak or Absent	Up	Down	Down	16.71%
Jan 26	D	Strong	Up	Flat	Flat	13.45%
Jan 25	D	Strong	Up	Down	Down	16.20%
Jan 24	B	Strong	Up	Up	Flat	12.50%
Jan 23	B	Strong	Up	Up	Up	12.13%
Jan 22	D	Strong	Up	Down	Down	15.03%