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
Jun 20	C	Weak or Absent	Flat	Up	Up	17.39%
Jun 16	D	Weak or Absent	Down	Flat	Flat	17.80%
Jun 15	D	Weak or Absent	Down	Flat	Flat	17.90%
Jun 14	D	Weak or Absent	Down	Flat	Flat	18.31%
Jun 13	D	Weak or Absent	Down	Flat	Flat	18.45%
Jun 12	D	Weak or Absent	Down	Flat	Up	17.83%
Jun 9	D	Weak or Absent	Down	Flat	Up	17.63%
Jun 8	D	Weak or Absent	Down	Flat	Up	17.83%
Jun 7	D	Weak or Absent	Down	Down	Up	18.96%
Jun 6	D	Weak or Absent	Down	Flat	Up	18.24%