Trend Table for MHNC - Maiden Holdings North America, Ltd. 7.75% Notes due 2043

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 5	B	Weak or Absent	Up	Up	Up	0.81%
Apr 4	B	Strong	Up	Up	Up	-0.49%
Apr 3	B	Strong	Up	Up	Up	-0.43%
Apr 2	B	Strong	Up	Up	Flat	1.08%
Apr 1	C	Strong	Up	Up	Up	0.48%
Mar 28	C	Strong	Up	Up	Flat	1.52%
Mar 27	C	Strong	Up	Up	Flat	2.30%
Mar 26	C	Strong	Up	Up	Down	2.58%
Mar 25	D	Strong	Up	Flat	Down	3.38%
Mar 22	C	Strong	Up	Up	Flat	2.02%