Trend Table for VR8 - Vanadium Resources Limited

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 22	F	Strong	Down	Down	Down	0.00%
Nov 21	F	Strong	Down	Down	Down	0.00%
Nov 20	F	Strong	Down	Down	Down	-7.14%
Nov 19	F	Strong	Down	Down	Down	-7.14%
Nov 18	F	Strong	Down	Down	Down	-10.34%
Nov 15	F	Strong	Down	Down	Down	-18.75%
Nov 14	F	Strong	Down	Down	Down	-16.13%
Nov 13	F	Weak or Absent	Down	Down	Down	-16.13%
Nov 12	F	Weak or Absent	Down	Down	Down	-10.34%
Nov 11	F	Weak or Absent	Down	Down	Down	-16.13%