Trend Table for NZF - Nuveen Dividend Advantage Municipal Fund 3

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 24	C	Strong	Up	Down	Down	1.27%
Oct 23	C	Strong	Up	Down	Down	0.71%
Oct 22	B	Strong	Up	Flat	Flat	-0.71%
Oct 21	C	Strong	Up	Flat	Flat	-0.71%
Oct 18	B	Strong	Up	Up	Up	-1.70%
Oct 17	B	Strong	Up	Up	Flat	-1.44%
Oct 16	B	Strong	Up	Up	Flat	-1.48%
Oct 15	C	Strong	Up	Up	Flat	-1.17%
Oct 14	C	Strong	Up	Up	Flat	-0.86%
Oct 11	C	Strong	Up	Up	Flat	-1.25%