Trend Table for BNS - Bank Nova Scotia Halifax Pfd 3

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 25	C	Weak or Absent	Up	Up	Flat	28.83%
Jan 24	D	Weak or Absent	Flat	Up	Down	29.79%
Jan 23	D	Weak or Absent	Down	Up	Down	30.27%
Jan 22	C	Weak or Absent	Flat	Up	Down	29.02%
Jan 19	C	Strong	Up	Up	Down	28.10%
Jan 18	D	Strong	Down	Up	Down	30.19%
Jan 17	C	Strong	Flat	Up	Down	28.99%
Jan 16	C	Strong	Up	Up	Down	27.49%
Jan 12	C	Strong	Up	Up	Down	26.11%
Jan 11	C	Strong	Up	Up	Down	26.35%