Trend Table for VFL - Delaware Investments National Municipal Income Fund

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 25	C	Strong	Up	Up	Down	10.75%
Jan 24	C	Strong	Up	Up	Down	11.45%
Jan 23	C	Strong	Up	Up	Down	11.34%
Jan 22	C	Strong	Up	Up	Down	10.43%
Jan 19	C	Very Strong	Up	Up	Down	10.87%
Jan 18	C	Very Strong	Up	Up	Down	10.21%
Jan 17	B	Very Strong	Up	Up	Down	9.18%
Jan 16	B	Very Strong	Up	Up	Flat	8.12%
Jan 12	B	Very Strong	Up	Up	Flat	7.65%
Jan 11	B	Very Strong	Up	Up	Flat	7.96%