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
Mar 21	D	Strong	Down	Down	Down	31.48%
Mar 20	F	Strong	Down	Down	Down	36.58%
Mar 17	F	Weak or Absent	Down	Down	Down	36.41%
Mar 16	F	Weak or Absent	Down	Down	Down	28.15%
Mar 15	F	Weak or Absent	Down	Down	Down	24.69%
Mar 14	C	Weak or Absent	Down	Down	Down	14.92%
Mar 13	C	Weak or Absent	Flat	Down	Down	14.07%
Mar 10	B	Weak or Absent	Up	Down	Down	12.84%
Mar 8	A	Weak or Absent	Up	Up	Up	10.13%
Mar 7	B	Weak or Absent	Up	Up	Up	10.13%