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 21	C	Weak or Absent	Down	Down	Down	19.66%
Apr 20	C	Weak or Absent	Down	Down	Down	19.77%
Apr 19	C	Weak or Absent	Down	Down	Down	20.18%
Apr 18	C	Weak or Absent	Down	Down	Down	19.56%
Apr 17	C	Weak or Absent	Down	Flat	Down	17.33%
Apr 14	B	Weak or Absent	Down	Up	Flat	16.35%
Apr 13	C	Weak or Absent	Down	Up	Up	15.76%
Apr 12	B	Weak or Absent	Flat	Up	Up	15.44%
Apr 11	C	Weak or Absent	Down	Up	Up	16.02%
Apr 10	C	Weak or Absent	Down	Flat	Flat	17.10%