Trend Table for WHF - WhiteHorse Finance, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 15	B	Weak or Absent	Up	Up	Up	2.94%
Dec 14	B	Weak or Absent	Up	Up	Up	2.70%
Dec 13	B	Weak or Absent	Up	Up	Up	4.97%
Dec 12	B	Weak or Absent	Up	Up	Up	5.98%
Dec 11	B	Weak or Absent	Up	Up	Up	5.81%
Dec 8	C	Weak or Absent	Up	Up	Up	6.66%
Dec 7	C	Weak or Absent	Up	Flat	Flat	7.70%
Dec 6	D	Weak or Absent	Up	Flat	Flat	8.14%
Dec 5	C	Weak or Absent	Up	Up	Up	7.00%
Dec 4	C	Weak or Absent	Up	Flat	Up	7.26%