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 11	F	Strong	Down	Down	Up	25.53%
Oct 10	F	Strong	Down	Down	Up	26.84%
Oct 9	D	Very Strong	Down	Down	Flat	27.81%
Oct 6	F	Very Strong	Down	Down	Down	28.92%
Oct 5	F	Strong	Down	Down	Down	28.80%
Oct 4	F	Strong	Down	Down	Down	27.81%
Oct 3	F	Strong	Down	Down	Down	28.55%
Oct 2	F	Strong	Down	Down	Down	29.05%
Sep 29	F	Strong	Down	Down	Down	27.93%
Sep 28	F	Strong	Down	Down	Down	28.06%