Trend Table for WHF - WhiteHorse Finance, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 15	B	Weak or Absent	Up	Up	Up	2.67%
Dec 14	B	Weak or Absent	Up	Up	Up	2.43%
Dec 13	B	Weak or Absent	Up	Up	Up	4.70%
Dec 12	B	Weak or Absent	Up	Up	Up	5.71%
Dec 11	B	Weak or Absent	Up	Up	Up	5.54%
Dec 8	C	Weak or Absent	Up	Up	Up	6.39%
Dec 7	C	Weak or Absent	Up	Flat	Flat	7.42%
Dec 6	D	Weak or Absent	Up	Flat	Flat	7.86%
Dec 5	C	Weak or Absent	Up	Up	Up	6.73%
Dec 4	C	Weak or Absent	Up	Flat	Up	6.99%