Trend Table for BGY - Blackrock International Real Estate Fund, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 14	A	Strong	Up	Up	Up	18.39%
Dec 13	B	Strong	Up	Up	Flat	19.75%
Dec 12	B	Strong	Up	Up	Down	20.21%
Dec 9	B	Strong	Flat	Up	Down	20.91%
Dec 8	B	Strong	Up	Up	Down	20.45%
Dec 7	B	Strong	Flat	Up	Down	20.67%
Dec 6	B	Strong	Flat	Up	Flat	20.45%
Dec 5	A	Strong	Up	Up	Up	19.52%
Dec 2	B	Strong	Up	Up	Up	18.39%
Dec 1	B	Strong	Up	Up	Up	17.05%