Trend Table for DWCR - Arrow DWA Country Rotation ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 27	C	Weak or Absent	Down	Flat	Down	5.82%
Dec 23	C	Weak or Absent	Down	Flat	Down	5.51%
Dec 22	B	Weak or Absent	Down	Up	Flat	2.24%
Dec 21	B	Weak or Absent	Down	Up	Up	0.78%
Dec 20	B	Weak or Absent	Down	Up	Flat	2.09%
Dec 19	B	Weak or Absent	Down	Up	Flat	2.44%
Dec 16	B	Weak or Absent	Down	Up	Down	3.27%
Dec 15	C	Weak or Absent	Down	Up	Down	3.29%
Dec 14	C	Weak or Absent	Down	Up	Flat	1.77%
Dec 13	C	Weak or Absent	Down	Up	Up	0.82%