Trend Table for DGZ - DB Gold Short ETN

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 22	F	Strong	Down	Down	Down	-16.55%
Dec 21	F	Strong	Down	Down	Down	-16.85%
Dec 20	F	Strong	Flat	Down	Flat	-17.59%
Dec 19	F	Strong	Flat	Down	Down	-17.51%
Dec 18	F	Strong	Flat	Down	Flat	-17.92%
Dec 15	F	Strong	Flat	Down	Flat	-17.75%
Dec 14	F	Strong	Down	Down	Flat	-17.34%
Dec 13	D	Strong	Flat	Down	Up	-18.12%
Dec 12	D	Strong	Up	Down	Up	-18.68%
Dec 11	D	Strong	Up	Down	Up	-18.60%