Trend Table for NRT - North European Oil Royality Trust

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 20	F	Strong	Down	Down	Down	-22.23%
Dec 19	F	Strong	Down	Down	Down	-24.12%
Dec 18	F	Strong	Down	Down	Down	-24.12%
Dec 15	F	Strong	Down	Down	Down	-24.37%
Dec 14	F	Strong	Down	Down	Down	-28.54%
Dec 13	F	Strong	Down	Down	Down	-31.98%
Dec 12	F	Strong	Down	Down	Down	-31.38%
Dec 11	F	Strong	Down	Down	Down	-28.65%
Dec 8	F	Strong	Down	Down	Down	-32.66%
Dec 7	F	Strong	Down	Down	Down	-31.58%