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
Aug 29	A	Weak or Absent	Up	Up	Flat	1.72%
Aug 28	A	Weak or Absent	Up	Up	Flat	1.80%
Aug 27	B	Strong	Up	Up	Flat	1.64%
Aug 26	B	Strong	Up	Up	Flat	1.64%
Aug 23	B	Strong	Up	Up	Flat	1.80%
Aug 22	B	Strong	Up	Up	Flat	1.96%
Aug 21	A	Strong	Up	Up	Flat	1.64%
Aug 20	A	Strong	Up	Up	Flat	1.72%
Aug 19	A	Strong	Up	Up	Flat	2.04%
Aug 16	A	Strong	Up	Up	Flat	2.04%