Trend Table for DWCR - Arrow DWA Country Rotation ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 3	C	Strong	Up	Up	Down	1.28%
Jan 2	B	Strong	Up	Up	Flat	0.07%
Dec 29	C	Strong	Up	Up	Up	-0.80%
Dec 26	C	Strong	Up	Up	Up	-1.25%
Dec 22	C	Strong	Up	Up	Up	-1.23%
Dec 21	C	Strong	Up	Up	Up	-1.32%
Dec 20	C	Strong	Up	Up	Up	0.43%
Dec 13	C	Strong	Up	Up	Up	0.15%
Dec 12	C	Strong	Up	Up	Up	1.71%
Dec 11	C	Weak or Absent	Up	Up	Up	1.89%