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
Sep 12	A	Strong	Up	Up	Up	-0.97%
Sep 11	A	Strong	Up	Up	Up	-0.29%
Sep 10	A	Strong	Up	Up	Up	0.02%
Sep 9	A	Strong	Up	Up	Up	0.33%
Sep 6	A	Strong	Up	Up	Flat	0.72%
Sep 5	A	Weak or Absent	Up	Up	Up	0.57%
Sep 4	A	Weak or Absent	Up	Up	Up	0.65%
Sep 3	A	Weak or Absent	Up	Up	Flat	1.04%
Aug 30	A	Weak or Absent	Up	Up	Flat	1.36%
Aug 29	A	Weak or Absent	Up	Up	Flat	1.52%