Trend Table for VNQI - Vanguard Global ex-U.S. Real Estate ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 20	B	Strong	Up	Up	Up	5.43%
Dec 19	C	Strong	Up	Up	Up	4.11%
Dec 18	C	Strong	Up	Up	Up	5.25%
Dec 15	C	Strong	Up	Up	Up	4.94%
Dec 14	B	Strong	Up	Up	Up	3.40%
Dec 13	C	Strong	Up	Up	Up	5.88%
Dec 12	B	Strong	Up	Up	Flat	8.30%
Dec 11	B	Strong	Up	Up	Flat	8.43%
Dec 8	B	Strong	Up	Up	Flat	8.46%
Dec 7	B	Strong	Up	Up	Up	7.66%