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
Mar 13	C	Strong	Down	Down	Up	17.48%
Mar 10	C	Strong	Down	Down	Flat	18.99%
Mar 9	C	Strong	Down	Down	Flat	19.20%
Mar 8	D	Strong	Down	Down	Flat	19.50%
Mar 7	D	Strong	Down	Down	Down	20.23%
Mar 6	D	Strong	Down	Down	Down	20.44%
Mar 3	F	Strong	Down	Down	Down	19.92%
Mar 2	D	Strong	Down	Down	Down	19.92%
Mar 1	D	Strong	Down	Down	Down	18.99%
Feb 28	F	Strong	Down	Down	Down	17.98%