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
Oct 25	F	Strong	Down	Down	Down	34.64%
Oct 24	F	Strong	Down	Down	Down	32.23%
Oct 23	F	Strong	Down	Down	Down	33.96%
Oct 20	F	Strong	Down	Down	Down	33.83%
Oct 19	F	Strong	Down	Down	Down	33.16%
Oct 18	F	Strong	Down	Down	Down	31.84%
Oct 17	F	Strong	Down	Down	Down	30.16%
Oct 16	F	Strong	Down	Down	Flat	28.28%
Oct 13	D	Strong	Down	Down	Flat	27.17%
Oct 12	D	Strong	Down	Down	Up	27.17%