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
May 31	A	Weak or Absent	Up	Up	Up	28.92%
May 30	A	Weak or Absent	Up	Up	Up	28.03%
May 29	A	Weak or Absent	Up	Up	Up	27.70%
May 26	A	Weak or Absent	Up	Up	Up	30.20%
May 25	A	Weak or Absent	Up	Up	Up	29.47%
May 24	A	Weak or Absent	Up	Up	Flat	31.32%
May 23	A	Weak or Absent	Up	Up	Up	29.71%
May 22	A	Weak or Absent	Up	Up	Flat	31.22%
May 19	A	Weak or Absent	Up	Up	Up	29.67%
May 18	A	Weak or Absent	Up	Up	Up	30.55%