Trend Table for GEMD - Goldman Sachs Access Emerging Markets USD Bond ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 20	A	Strong	Up	Up	Up	2.85%
Mar 6	A	Strong	Up	Up	Up	2.92%
Mar 5	A	Strong	Up	Up	Up	3.23%
Mar 4	A	Strong	Up	Up	Up	3.56%
Feb 28	A	Strong	Up	Up	Up	4.26%
Feb 26	A	Strong	Up	Up	Up	4.30%
Feb 1	A	Strong	Up	Up	Up	4.17%
Jan 31	A	Strong	Up	Up	Flat	5.01%
Jan 30	B	Strong	Up	Up	Flat	4.85%
Jan 25	C	Strong	Up	Up	Down	5.84%