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 9	C	Weak or Absent	Flat	Down	Up	10.81%
May 8	C	Weak or Absent	Flat	Flat	Up	10.52%
May 7	D	Weak or Absent	Flat	Down	Up	11.19%
May 6	D	Weak or Absent	Flat	Down	Up	11.11%
May 3	D	Weak or Absent	Down	Down	Up	12.55%
May 2	D	Weak or Absent	Down	Down	Up	13.32%
May 1	D	Weak or Absent	Down	Down	Up	13.79%
Apr 30	D	Weak or Absent	Down	Down	Down	17.77%
Apr 29	D	Weak or Absent	Down	Down	Up	12.78%
Apr 26	D	Weak or Absent	Down	Down	Flat	13.79%