Trend Table for DWCR - Arrow DWA Country Rotation ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 26	B	Weak or Absent	Up	Up	Up	-0.39%
Jan 24	B	Weak or Absent	Up	Up	Flat	0.74%
Jan 22	C	Weak or Absent	Up	Up	Down	1.45%
Jan 18	C	Weak or Absent	Up	Up	Down	1.69%
Jan 17	C	Weak or Absent	Up	Up	Down	2.12%
Jan 16	C	Weak or Absent	Up	Up	Down	1.16%
Jan 11	C	Strong	Up	Up	Flat	-0.10%
Jan 10	C	Strong	Up	Up	Flat	0.05%
Jan 8	B	Strong	Up	Up	Up	-0.80%
Jan 4	C	Strong	Up	Up	Down	0.77%