Trend Table for MHD - Blackrock MuniHoldings Fund, Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 14	D	Strong	Down	Down	Down	17.58%
Sep 13	D	Strong	Down	Down	Down	17.42%
Sep 12	D	Strong	Down	Down	Down	17.21%
Sep 11	D	Strong	Down	Down	Down	17.00%
Sep 8	D	Strong	Down	Down	Down	16.90%
Sep 7	D	Strong	Down	Down	Down	16.68%
Sep 6	D	Strong	Down	Down	Flat	16.06%
Sep 5	D	Strong	Down	Down	Flat	15.64%
Sep 1	D	Strong	Down	Down	Flat	15.64%
Aug 31	D	Strong	Down	Down	Up	15.23%