Trend Table for QHAL - VANECK VECTORS MSCI WORLD EX AUSTRALIA QUALITY (HEDGED) ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 12	A	Weak or Absent	Up	Up	Up	15.56%
Jan 11	A	Weak or Absent	Up	Up	Up	14.98%
Jan 10	A	Weak or Absent	Up	Up	Flat	16.33%
Jan 9	A	Weak or Absent	Up	Up	Flat	16.33%
Jan 8	A	Weak or Absent	Up	Up	Down	17.89%
Jan 5	A	Weak or Absent	Up	Up	Down	17.77%
Jan 4	A	Strong	Up	Up	Down	17.77%
Jan 3	A	Strong	Up	Up	Flat	16.92%
Jan 2	A	Strong	Up	Up	Flat	16.11%
Dec 29	A	Strong	Up	Up	Up	15.94%