Trend Table for VR8 - Vanadium Resources Limited

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 18	F	Weak or Absent	Down	Down	Flat	-31.58%
Mar 15	F	Weak or Absent	Down	Down	Down	-27.78%
Mar 14	F	Weak or Absent	Down	Down	Down	-27.78%
Mar 13	F	Weak or Absent	Down	Down	Down	-29.73%
Mar 12	D	Weak or Absent	Down	Down	Flat	-33.33%
Mar 11	D	Weak or Absent	Down	Down	Up	-33.33%
Mar 8	D	Weak or Absent	Down	Down	Flat	-33.33%
Mar 7	F	Weak or Absent	Down	Down	Down	-29.73%
Mar 6	D	Weak or Absent	Down	Down	Up	-35.00%
Mar 5	D	Weak or Absent	Down	Down	Up	-35.00%