Trend Table for REIT - VANECK VECTORS FTSE INTERNATIONAL PROPERTY (HEDGED) ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 23	B	Weak or Absent	Up	Up	Flat	8.70%
May 22	A	Weak or Absent	Up	Up	Up	7.49%
May 21	B	Weak or Absent	Up	Up	Up	8.06%
May 20	A	Weak or Absent	Up	Up	Up	7.70%
May 17	A	Weak or Absent	Up	Up	Up	7.56%
May 16	A	Weak or Absent	Up	Up	Up	7.28%
May 15	B	Weak or Absent	Up	Up	Up	8.48%
May 14	B	Weak or Absent	Up	Up	Up	9.34%
May 13	B	Weak or Absent	Up	Flat	Up	9.78%
May 10	B	Weak or Absent	Up	Up	Up	9.34%