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
Jul 31	D	Weak or Absent	Flat	Down	Down	4.12%
Jul 30	D	Weak or Absent	Flat	Down	Down	4.01%
Jul 29	D	Weak or Absent	Flat	Flat	Down	3.53%
Jul 26	D	Weak or Absent	Flat	Down	Down	4.19%
Jul 25	B	Weak or Absent	Up	Up	Flat	2.25%
Jul 24	B	Weak or Absent	Up	Up	Flat	2.71%
Jul 23	B	Weak or Absent	Up	Up	Flat	2.48%
Jul 22	B	Weak or Absent	Up	Up	Up	1.67%
Jul 19	D	Weak or Absent	Flat	Flat	Flat	3.59%
Jul 18	B	Weak or Absent	Up	Up	Up	2.59%