Trend Table for VR8 - Vanadium Resources Limited

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 10	D	Strong	Down	Down	Down	-31.58%
Sep 9	D	Strong	Down	Down	Down	-27.78%
Sep 5	D	Strong	Down	Down	Down	-29.73%
Sep 4	D	Strong	Down	Down	Down	-31.58%
Sep 3	D	Strong	Down	Down	Down	-31.58%
Sep 2	F	Strong	Down	Down	Down	-31.58%
Aug 30	F	Strong	Down	Down	Down	-33.33%
Aug 29	F	Strong	Down	Down	Down	-29.73%
Aug 26	D	Weak or Absent	Down	Down	Down	-38.10%
Aug 23	D	Weak or Absent	Down	Down	Down	-36.59%