Trend Table for VFL - Delaware Investments National Municipal Income Fund

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 21	D	Strong	Down	Down	Down	12.76%
Dec 20	D	Strong	Down	Down	Down	13.71%
Dec 19	C	Strong	Down	Down	Down	11.72%
Dec 16	B	Strong	Down	Flat	Down	9.99%
Dec 15	C	Strong	Down	Up	Down	7.55%
Dec 14	C	Very Strong	Down	Up	Down	5.77%
Dec 13	A	Very Strong	Up	Up	Up	2.72%
Dec 12	A	Very Strong	Flat	Up	Up	3.07%
Dec 9	A	Very Strong	Flat	Up	Up	3.16%
Dec 8	B	Strong	Down	Up	Up	3.87%