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
Apr 3	C	Weak or Absent	Up	Up	Down	9.40%
Apr 2	A	Weak or Absent	Up	Up	Flat	8.59%
Apr 1	B	Weak or Absent	Up	Up	Flat	8.32%
Mar 28	A	Weak or Absent	Up	Up	Up	7.08%
Mar 27	B	Weak or Absent	Up	Up	Up	7.69%
Mar 26	A	Weak or Absent	Up	Up	Up	8.14%
Mar 25	A	Weak or Absent	Up	Up	Flat	8.41%
Mar 22	B	Weak or Absent	Up	Up	Up	8.32%
Mar 21	B	Weak or Absent	Up	Up	Flat	8.95%
Mar 20	B	Weak or Absent	Up	Up	Flat	8.86%