Trend Table for DWCR - Arrow DWA Country Rotation ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 17	C	Weak or Absent	Down	Up	Up	2.22%
Jan 13	C	Weak or Absent	Down	Up	Up	2.21%
Jan 12	C	Weak or Absent	Down	Up	Up	1.78%
Jan 10	B	Weak or Absent	Down	Up	Up	3.14%
Jan 6	B	Weak or Absent	Down	Up	Up	3.50%
Jan 5	C	Weak or Absent	Down	Flat	Down	6.01%
Jan 4	B	Weak or Absent	Down	Up	Flat	4.11%
Jan 3	C	Weak or Absent	Down	Down	Down	6.27%
Dec 30	C	Weak or Absent	Down	Down	Down	6.13%
Dec 29	B	Weak or Absent	Down	Flat	Down	5.49%