Trend Table for NZF - Nuveen Dividend Advantage Municipal Fund 3

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 18	B	Strong	Up	Up	Up	-3.25%
Oct 17	B	Strong	Up	Up	Flat	-2.99%
Oct 16	B	Strong	Up	Up	Flat	-3.03%
Oct 15	C	Strong	Up	Up	Flat	-2.72%
Oct 14	C	Strong	Up	Up	Flat	-2.42%
Oct 11	C	Strong	Up	Up	Flat	-2.80%
Oct 10	B	Strong	Up	Up	Down	-2.35%
Oct 9	C	Strong	Up	Flat	Down	-2.20%
Oct 8	B	Strong	Up	Up	Down	-2.35%
Oct 7	B	Strong	Up	Up	Down	-2.35%