Trend Table for DWCR - Arrow DWA Country Rotation ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 26	C	Strong	Up	Up	Up	2.96%
Dec 22	C	Strong	Up	Up	Up	2.98%
Dec 21	C	Strong	Up	Up	Up	2.88%
Dec 20	C	Strong	Up	Up	Up	4.71%
Dec 13	C	Strong	Up	Up	Up	4.42%
Dec 12	C	Strong	Up	Up	Up	6.04%
Dec 11	C	Weak or Absent	Up	Up	Up	6.24%
Dec 8	C	Weak or Absent	Up	Up	Up	6.00%
Dec 6	B	Weak or Absent	Up	Up	Flat	7.00%
Dec 5	B	Weak or Absent	Up	Up	Up	6.12%