Trend Table for NZF - Nuveen Dividend Advantage Municipal Fund 3

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 18	A	Strong	Up	Up	Flat	5.93%
Jul 17	B	Strong	Up	Up	Flat	5.42%
Jul 16	B	Strong	Up	Up	Flat	5.42%
Jul 15	B	Strong	Up	Up	Flat	5.25%
Jul 12	A	Strong	Up	Up	Up	4.57%
Jul 11	A	Strong	Up	Up	Up	5.32%
Jul 10	B	Strong	Up	Up	Flat	6.26%
Jul 9	B	Strong	Up	Up	Flat	6.35%
Jul 8	B	Strong	Up	Up	Flat	6.18%
Jul 5	A	Strong	Up	Up	Flat	5.83%