Trend Table for MVFG - Monarch Volume Factor Global Unconstrained Index ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 14	D	Weak or Absent	N/A	Flat	Up	4.42%
Aug 13	D	Weak or Absent	N/A	Down	Up	5.12%
Aug 12	F	Strong	N/A	Down	Flat	6.34%
Aug 9	F	Strong	N/A	Down	Flat	6.19%
Aug 8	F	Strong	N/A	Down	Down	6.88%
Aug 7	F	Strong	N/A	Down	Down	8.84%
Aug 6	F	Strong	N/A	Down	Down	8.36%
Aug 5	F	Strong	N/A	Down	Down	9.30%
Aug 2	D	Strong	N/A	Down	Down	6.34%
Aug 1	A	Strong	N/A	Up	Up	2.61%