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
Nov 7	C	Strong	Up	Up	Flat	-6.47%
Nov 6	B	Strong	Up	Up	Up	-7.72%
Nov 5	B	Strong	Up	Up	Up	-8.24%
Nov 4	A	Strong	Up	Up	Up	-9.08%
Nov 1	A	Strong	Up	Up	Up	-6.62%
Oct 31	A	Strong	Up	Up	Up	-6.62%
Oct 30	A	Strong	Up	Up	Up	-8.12%
Oct 29	A	Strong	Up	Up	Up	-5.88%
Oct 28	A	Strong	Up	Up	Up	-5.88%
Oct 25	A	Strong	Up	Up	Up	-2.86%