Trend Table for NUV - Nuveen Municipal Value Fund, Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 29	B	Weak or Absent	Up	Up	Flat	0.70%
Aug 28	A	Weak or Absent	Up	Up	Flat	0.70%
Aug 27	B	Weak or Absent	Up	Up	Flat	0.93%
Aug 26	B	Weak or Absent	Up	Up	Flat	0.93%
Aug 23	B	Weak or Absent	Up	Up	Up	0.58%
Aug 22	A	Weak or Absent	Up	Up	Flat	0.81%
Aug 21	B	Weak or Absent	Up	Up	Up	0.58%
Aug 20	A	Weak or Absent	Up	Up	Flat	0.93%
Aug 19	A	Weak or Absent	Up	Up	Flat	1.04%
Aug 16	A	Weak or Absent	Up	Up	Flat	1.39%