Trend Table for MHD - Blackrock MuniHoldings Fund, Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 25	B	Strong	Up	Up	Flat	7.90%
Jan 24	C	Strong	Up	Up	Flat	8.73%
Jan 23	C	Strong	Up	Up	Flat	8.27%
Jan 22	C	Strong	Up	Up	Flat	8.45%
Jan 19	C	Strong	Up	Up	Down	9.38%
Jan 18	B	Strong	Up	Up	Down	8.92%
Jan 17	B	Strong	Up	Up	Down	8.36%
Jan 16	B	Very Strong	Up	Up	Down	8.27%
Jan 12	C	Very Strong	Up	Up	Down	7.90%
Jan 11	B	Very Strong	Up	Up	Flat	7.63%