Trend Table for WHFCL - WhiteHorse Finance, Inc. - 7.875% Notes due 2028

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 12	B	Very Strong	N/A	Up	Flat	8.58%
Dec 11	B	Very Strong	N/A	Up	Flat	8.80%
Dec 8	B	Very Strong	N/A	Up	Up	8.58%
Dec 7	B	Very Strong	N/A	Up	Flat	9.02%
Dec 6	B	Very Strong	N/A	Up	Up	8.79%
Dec 5	B	Very Strong	N/A	Up	Up	8.84%
Dec 4	B	Very Strong	N/A	Up	Up	8.80%
Dec 1	B	Strong	N/A	Up	Up	8.71%
Nov 30	B	Strong	N/A	Up	Up	8.89%
Nov 29	C	Strong	N/A	Up	Flat	9.87%