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 15	A	Strong	Up	Up	Down	2.28%
Aug 14	A	Strong	Up	Up	Flat	1.71%
Aug 13	A	Strong	Up	Up	Flat	1.87%
Aug 12	A	Strong	Up	Up	Flat	1.87%
Aug 9	A	Strong	Up	Up	Up	1.71%
Aug 8	A	Strong	Up	Up	Up	1.55%
Aug 7	A	Strong	Up	Up	Up	1.40%
Aug 6	A	Strong	Up	Up	Up	1.32%
Aug 5	A	Strong	Up	Up	Up	2.19%
Aug 2	A	Strong	Up	Up	Up	1.16%