Trend Table for WHFCL - WhiteHorse Finance, Inc. - 7.875% Notes due 2028

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 23	A	Strong	Up	Up	Flat	0.19%
Oct 22	A	Strong	Up	Up	Flat	0.21%
Oct 21	A	Strong	Up	Up	Flat	-0.22%
Oct 18	B	Strong	Up	Up	Flat	0.17%
Oct 16	A	Strong	Up	Up	Flat	-0.22%
Oct 15	A	Strong	Up	Up	Flat	-0.42%
Oct 14	A	Strong	Up	Up	Flat	-0.22%
Oct 11	B	Strong	Up	Up	Down	0.60%
Oct 10	A	Strong	Up	Up	Down	0.40%
Oct 9	B	Strong	Up	Up	Down	0.40%