Trend Table for VFL - Delaware Investments National Municipal Income Fund

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 14	F	Weak or Absent	Down	Flat	Flat	18.69%
Jul 13	F	Weak or Absent	Down	Down	Flat	18.93%
Jul 12	F	Weak or Absent	Down	Down	Flat	19.29%
Jul 11	F	Weak or Absent	Down	Down	Down	19.65%
Jul 10	F	Weak or Absent	Down	Down	Down	19.65%
Jul 7	F	Weak or Absent	Down	Down	Down	19.89%
Jul 6	F	Weak or Absent	Down	Down	Down	20.03%
Jul 5	F	Weak or Absent	Down	Down	Flat	18.45%
Jul 3	F	Weak or Absent	Down	Down	Flat	18.34%
Jun 30	F	Weak or Absent	Down	Down	Up	18.22%