Trend Table for MHD - Blackrock MuniHoldings Fund, Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 28	F	Very Strong	Down	Down	Down	25.45%
Sep 27	F	Strong	Down	Down	Down	24.00%
Sep 26	F	Strong	Down	Down	Down	22.48%
Sep 25	F	Strong	Down	Down	Down	20.42%
Sep 22	F	Strong	Down	Down	Down	18.44%
Sep 21	F	Strong	Down	Down	Down	18.76%
Sep 20	D	Strong	Down	Down	Flat	17.58%
Sep 19	D	Strong	Down	Down	Down	17.90%
Sep 18	D	Strong	Down	Down	Down	17.69%
Sep 15	D	Strong	Down	Down	Down	18.01%