Trend Table for MVFG - Monarch Volume Factor Global Unconstrained Index ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 31	B	Strong	N/A	Up	Up	2.96%
Jul 30	C	Strong	N/A	Flat	Down	3.97%
Jul 29	C	Strong	N/A	Flat	Down	3.85%
Jul 26	C	Strong	N/A	Flat	Down	4.05%
Jul 25	D	Strong	N/A	Down	Down	4.99%
Jul 24	D	Strong	N/A	Flat	Down	4.76%
Jul 23	B	Strong	N/A	Up	Flat	2.65%
Jul 22	B	Strong	N/A	Up	Flat	2.38%
Jul 19	C	Strong	N/A	Up	Down	3.46%
Jul 18	A	Strong	N/A	Up	Flat	2.46%