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
Jul 12	A	Strong	Up	Up	Up	1.78%
Jul 11	A	Strong	Up	Up	Up	2.52%
Jul 10	B	Strong	Up	Up	Flat	3.43%
Jul 9	B	Strong	Up	Up	Flat	3.52%
Jul 8	B	Strong	Up	Up	Flat	3.35%
Jul 5	A	Strong	Up	Up	Flat	3.02%
Jul 3	A	Strong	Up	Up	Flat	2.85%
Jul 2	A	Strong	Up	Up	Flat	3.10%
Jul 1	A	Strong	Up	Up	Flat	3.43%
Jun 28	A	Strong	Up	Up	Flat	3.35%