Trend Table for NAZ - Nuveen Arizona Premium Income Municipal Fund

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 12	B	Very Strong	Up	Up	Up	21.83%
Dec 11	B	Very Strong	Up	Up	Up	22.06%
Dec 8	B	Very Strong	Up	Up	Up	22.41%
Dec 7	B	Very Strong	Up	Up	Up	22.29%
Dec 6	B	Very Strong	Up	Up	Up	22.52%
Dec 5	B	Strong	Up	Up	Up	22.41%
Dec 4	C	Strong	Up	Up	Up	22.75%
Nov 30	B	Strong	Up	Up	Up	23.92%
Nov 29	B	Strong	Up	Up	Up	24.16%
Nov 28	C	Strong	Flat	Up	Up	25.48%