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
Aug 9	A	Strong	Up	Up	Up	-0.99%
Aug 8	A	Strong	Up	Up	Up	-1.15%
Aug 7	A	Strong	Up	Up	Up	-1.30%
Aug 6	A	Strong	Up	Up	Up	-1.38%
Aug 5	A	Strong	Up	Up	Up	-0.53%
Aug 2	A	Strong	Up	Up	Up	-1.53%
Aug 1	A	Strong	Up	Up	Up	-0.99%
Jul 31	A	Strong	Up	Up	Up	0.42%
Jul 30	A	Strong	Up	Up	Up	1.06%
Jul 29	A	Strong	Up	Up	Flat	2.36%