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
Jan 12	C	Weak or Absent	Down	Up	Up	4.75%
Jan 10	B	Weak or Absent	Down	Up	Up	6.15%
Jan 6	B	Weak or Absent	Down	Up	Up	6.52%
Jan 5	C	Weak or Absent	Down	Flat	Down	9.10%
Jan 4	B	Weak or Absent	Down	Up	Flat	7.15%
Jan 3	C	Weak or Absent	Down	Down	Down	9.37%
Dec 30	C	Weak or Absent	Down	Down	Down	9.23%
Dec 29	B	Weak or Absent	Down	Flat	Down	8.57%
Dec 27	C	Weak or Absent	Down	Flat	Down	8.91%
Dec 23	C	Weak or Absent	Down	Flat	Down	8.59%